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The Australian dollar is considered primarily a commodity-based currency. The high level of commodity-based exports in Australia’s trade balance is given as an explanation. Accordingly changes in world commodity prices should bring commensurate changes in the value of the Australian...
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The Australian dollar is considered a commodity-based currency, with the high level of primary commodity exports in Australia’s trade balance given as an explanation. Key studies have concluded that Australia’s terms of trade are a primary driver of the real exchange rate based on a...
Persistent link: https://www.econbiz.de/10008508701
Australia has long been considered a commodity based economy, with the relationship between the terms of trade and the real exchange rate well documented. Less well documented are the determinants of the Australian terms of trade and how these have moved in response to structural change and...
Persistent link: https://www.econbiz.de/10005503372
Purpose: This paper aims to examine the critical role played by cultural flow in fostering successful expatriate cross-border transitions. Design/methodology/approach: The authors develop and test a model on the interplay among cultural intelligence, organizational position level, cultural flow...
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