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Yr 9: Exports, imports and currencies Flashcards | StudBud
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Yr 9: Exports, imports and currencies
Yr 9: Exports, imports and currencies
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Quiz on exports imports and currencies for Yr 9 Financial Literacy
Flashcards
19 cards
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Questions
19
Answers
1
Diya and Zimo buy dresses from H&M (Swedish company).
Export
Import
2
Justina & Ally have created a new App. They sell a large order to a Hong Kong subscriber. For Australia, this is ...
An import
An export
A disaster
A trade
3
Maddie buys a new Wilson basketball made in USA. What type of transaction is this?
Domestic Trade
Dunno
Import
Export
4
The currency in Greece is the
Franc
Euro
Drachma
Dracula
5
Chinese company buys kale from Ailly & Claire's Aust. farm. Export or import? Ailly & Claire prefer high or low AUD?
Import, prefer higher AUD
Export, prefer higher AUD
Import, prefer lower AUD
Export, prefer lower AUD
6
The currency in Switzerland is the
Krone
Franc
Frank
Euro
7
Nicola downloads a new song from Spotify. This is
An import for Sweden
An export for Sweden
An export for Australia
An import for Australia
8
Nicole's parents have bought a new Mercedes Benz, made in Germany. This is an
export for Australia and an export for Germany
export for Germany and an import for Australia
import for Australia and an import for Germany
export for Australia and an import for Germany
9
The Australian Dollar depreciates. This will be
Good for exporters as they can buy less from overseas
Bad for exporters - they'll receive less for their products
Good for exporters, as they can buy more from overseas
Good for exporters, as they will sell more
10
$AUD exchange rate is 0.63 Euros. How many Euros would you receive if you exchanged $100 AUD?
€6.30
€60
€100
€63
11
Miyou travels to South Korea for a holiday. What type of transaction is this?
Import
Export
Dunno
12
The Australian dollar appreciates against the US dollar. This is
Bad for Australians travelling overseas
Bad for Americans coming to Australia
Good for Australians travelling overseas
Good for Americans coming to Australia
13
Maggie places 1000 Swiss Francs in her bank account in Switzerland. How many Australian dollars needed?
$633 AUD
$1000 AUD
$1578 AUD
14
The $AUD exchange rate was £0.50 and now it is £0.56. This means the $AUD has
appreciated
risen in value
depreciated
tanked
15
The currency of Thailand is the
Bat
Bert
Bart
Baht
16
Ausbiotech
company sells its newly invented medicines overseas. What type of transaction?
Domestic trade
Export
Import
No idea - I don't get this export/import thingy!!!!
17
When the Australian dollar appreciates against the Euro
Amount paid by Euro buyers for Aust exports doesn't change
Australian exporters receive less for each item they sell
Amount received by Aust exporters per item doesn't change
Australian exporters receive more for each item they well
18
Mia M travels from Australia to China to study as an international student.
An export for China
An export for Australia
An import for Australia
An import for China
19
The Australian dollar has 'depreciated'. This means
Australia's currency has not changed in value
Australia's currency has risen in value, compared to other currencies
Australia's currency has fallen in value, compared to other currencies
