If the value of your national currency decreases rapidly, will you still choose to study in Australia?
Factor endowments & Trade policies are fundamental influencing factors of imports and exports.
Exchange rates are the most direct influencing factor.
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Sources: Forex Charts: AUD vs Major Currencies: 20 Years & TRADING ECONOMICS:
Australia Balance of Trade
The exchange rate goes up, the price of export goods will reduce.
Expansion of national exports
The exchange rate goes down, the price of export goods will increase.
Reduction of national exports
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