Exchange rate and Australian Dollar

-QUESTION-
1.What type of exchange rate system is used in Australia? 2. What factors have determined the level of Australian dollar in 2014/2015 ( Recent Years)? 3.Anaylse the costs and benefits of a depreciation of the Australian dollar on the economy.
(you might want to include -Improved international competition
-Faster economic growth
-Increased inflation
High foreign debt)

– make sure to use Revserve bank bulletins, ABS statistics and GRAPHS to state answers. ( Referring back to graphs ).
– Use 2015- Data Reserve bank statistics.
– when using Commodity prices in essays add graphs to show the effects.
– Use real world examples using statistics, graphs ABS site to back up and refer to answer.
– Compare Australian interest rates to other countries and describe how that would make the dollar go up and down ( make sure to include graphs )
– For COSTS and BENEFITS make sure to include the W and Y curve and also CPI Diagrams.
– In text Harvard Referencing.

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