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An Australian company is importing computer components from the United States. If the nominal exchange rate, expressed as Australian dollars (AUD) per US dollar (USD), changes from 1.50 to 1.60, the total cost of the import for the Australian company, when measured in AUD, will decrease.
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An Australian company is importing computer components from the United States. If the nominal exchange rate, expressed as Australian dollars (AUD) per US dollar (USD), changes from 1.50 to 1.60, the total cost of the import for the Australian company, when measured in AUD, will decrease.