VCE Stuff > VCE Economics
The winners and losers of "high exchange rates"
(1/1)
niena18:
The winners and losers of "high exchange rates"?
Winners: Those visiting overseas, Importers
Losers: Exporters
The winners and losers of "low exchange rates"
Winners: Tourists coming into Australia, Exports
Losers: Importers
Is this correct? Anyone got any further or more specific responses to this? ;)
brendan:
lower petrol prices in AUD
niena18:
So you are saying...when we have a higher exchange rate, it is cheaper to buy petrol from overseas, therefore lower costs for consumers in Oz?
marbs:
In theory... We get lower petrol prices, than some countries like england.
However, with this price there is alot of excise tax.
I'd say main winners of low exchange rate - Exporters (more demand for their product)
Losers of lose exchange rate - Imports (production costs great) you could then link it to cosumers who will likely be paying more
AppleXY:
Appreciation of AUD:
Winners:
Importers, increased investment from overseas corporations, *supposedly* lower fuel prices [but we all know that petrol corps take it lol], CAD/NFD is will be valued lower in $A [less to convert], boost in tourism, increased value of Australian Commodities [if demoinated in USD].
and the losers is obviously the opposite of that. :)
Navigation
[0] Message Index
Go to full version