Describe how the value of the australian dollar isdetermined

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Use demand and supply analysis to describe how the value of the Australian dollar isdetermined against the US dollar. Your explanation should be approximately400 words, andyou should make sure you explain why thequantity of Australian dollars demanded rises whenthe Australian dollar depreciates (and vice versa) while the quantity supplied increases when itappreciates (and vice versa).

Reference no: EM131010106

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