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Yr 9: Exports, imports and currencies (2024) Flashcards | StudBud
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Yr 9: Exports, imports and currencies (2024)
Yr 9: Exports, imports and currencies (2024)
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Quiz on exports imports and currencies for Yr 9 Financial Literacy
Flashcards
18 cards
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Practice quiz
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Questions
18
Answers
1
Amy downloads a new song from Spotify. This is
An import for Sweden
An export for Australia
An export for Sweden
An import for Australia
2
The $AUD exchange rate was £0.50 and now it is £0.56. This means the $AUD has
tanked
appreciated
depreciated
risen in value
3
Thao travels from Australia to China to study as an international student.
An import for China
An export for China
An import for Australia
An export for Australia
4
Ausbiotech
company sells its newly invented medicines overseas. What type of transaction?
Domestic trade
Import
Export
No idea - I don't get this export/import thingy!!!!
5
Chloe C travels to South Korea for a holiday. What type of transaction is this?
Dunno
Import
Export
6
The currency in Indonesia is the
Indonesian dollar
Ringgit
Rupiah
Euro
7
The Australian dollar has 'depreciated'. This means -
Australia's currency has fallen in value, compared to other currencies
Australia's currency has not changed in value
Australia's currency has risen in value, compared to other currencies
8
The Australian dollar appreciates against the US dollar. This is
Bad for Americans coming to Australia
Good for Australians travelling overseas
Bad for Australians travelling overseas
Good for Americans coming to Australia
9
$AUD exchange rate is 0.63 Euros. How many Euros would you receive if you exchanged $100 AUD?
€63
€6.30
€100
€60
10
Anisha buys a new Wilson basketball made in USA. What type of transaction is this?
Import
Dunno
Export
Domestic Trade
11
Melody and Gabi's Pancake House opens up a new restaurant in Malaysia. This represents an import for Australia.
True
False
12
Naomi's parents have bought a new Mercedes Benz, made in Germany. This is an
import for Australia and an import for Germany
export for Australia and an export for Germany
export for Germany and an import for Australia
export for Australia and an import for Germany
13
The Australian Dollar depreciates. This will be
Bad for exporters - they'll receive less for their products
Good for exporters as they can buy less from overseas
Good for exporters, as they can buy more from overseas
Good for exporters, as they will sell more
14
The currency of Thailand is the
Bert
Bat
Baht
Bart
15
The currency in Greece is the
Drachma
Dracula
Franc
Euro
16
Navya and Maheen have created a new App. They sell a large order to a Hong Kong subscriber. For Australia, this is ...
An import
A trade
A disaster
An export
17
Anagi places 1000 Swiss Francs in her bank account in Switzerland. How many Australian dollars are needed?
$1000 AUD
$655 AUD
$1526 AUD
18
Maheen & Chloe Mc buy dresses from H&M (Swedish company).
Export
Import
