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Value of Australian Dollar Graph
Value of Australian Dollar Graph
A low AUD $
Good for overseas Because a high AUD $ Bad for overseas
travel means the price travel
Good for importing overseas is cheaper, Bad for importing
whereas a low AUD $
means the price
overseas is more
expensive
Because high AUD $
means imports are
cheaper, whereas a
low AUD $ means the
price of imports is
expensive
Bad for exporting Because a high AUD $ Good for exporting
Bad for Australian means that their Good for tourism
tourism exports are more Good for Australian
Bad for Australian expensive to buy for manufacturing (if
overseas buyers which
manufacturing (if exporting product)
can negatively impact
exporting) Good for education
sales, whereas a low
AUD $ means that sector ie.
exports are cheaper, Encourages overseas
encouraging more students studying
sales from overseas here
buyers
Because staying in
Australia when there is
a high AUD $ means
tourism is more
expensive, whereas a
low AUD $ makes
tourism cheaper
Because a high AUD $
means that
manufacturing
businesses’ products
are more expensive to
buy for overseas
buyers, whereas a low
AUD $ means that a
manufacturing
businesses’ products
are cheaper for
overseas buyers
A low AUD $ is good
for education as it
encourages overseas
students to study in
Australia as the price
of living is lower