we just started exchange rates in school and i don't really fully understand the concept yet.
for example, i know that if the australian dollar appreciates the CAD deficit will increase and vica versa
i just have a question that i wanted to ask:
1. say australia has an exchange rate of 3% while japan has an exchange rate of 1%. what country would investors invest in and why?
for example, i know that if the australian dollar appreciates the CAD deficit will increase and vica versa
i just have a question that i wanted to ask:
1. say australia has an exchange rate of 3% while japan has an exchange rate of 1%. what country would investors invest in and why?