ECON910 Economics For Professionals - Assignment 1

ECON910 Assignment 1: Research Report

Read the article titled ‘Australian dollar tumbles to ten-year low’ (Sydney Morning Herald, January 3, 2019), and answer the following questions.
The article can be found on the subject’s Moodle site and at the following link: https://tinyurl.com/yc4oj9o5

(d) Assume that you are an Australian firm exporting software products to the United States. Explain the impact of this recent drop in the AUD on your business. Speaking more generally, how will the depreciation of AUD affect Australian economy? Provide a detailed discussion.