Australia : Selected Issues

Selected Issues

Australia : Selected Issues
This Selected Issues paper for Australia highlights the dynamics of the Australian real exchange rate and its impact on Australia's trade. The main findings are that the Australian real exchange rate is largely driven by world commodity prices and that it adjusts relatively rapidly to large shocks, with an estimated half-life of 16 months. The real READ MORE...

Publication date: November 2004
ISBN 9781451802061
$15.00

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