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Read the article titled ‘Australian dollar tumbles to ten-year low’ (Sydney Morning Herald, January 3, 2019), and answer the following questions.
The article can be found on the subject’s Moodle site and at the following link: https://tinyurl.com/yc4oj9o5
(a) Briefly summarise the main issues discussed in this article. Using the Demand and Supply model of exchange rate determination explain how the AUD-USD exchange rate is determined by the market forces.
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