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Reflects a strengthening of the aud

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Reference no: EM132618310

The spot exchange rate between the Australian dollar (AUD) and the US Dollar (USD) is AUD 1.0000 = USD 0.7250. Which of the following reflects a strengthening of the AUD?

Select the best answer.

Select one:

a. AUD 1.0000 = USD 0.7000

b. AUD 1.0000 = USD 0.7500

c. AUD 1.3900 = USD 1.000

d. AUD 1.2500 = USD 1.000

e. Both a. and c. reflect a strengthening AUD

f. Both b. and d reflect a strengthening AUD

Reference no: EM132618310

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