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Which of the following best explains why higher inflation willcause the Australian dollar to depreciate...

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Economics

Which of the following best explains why higher inflation willcause the Australian dollar to depreciate relative to the NewZealand dollar? A. If prices of goods and services rise faster inAustralia than in New Zealand, the value of the Australian dollarhas to decline to maintain the demand for Australian products. B.If,consumers in Australia prefer goods from New Zealand, the valueof the Australian dollar will decline to maintain the demand forAustralian products. C. If prices of goods and services rise fasterin Australia than in New Zealand, the value of the Australiandollar has to increase to maintain the demand for Australianproducts. D. If productivity in Australia is less than productivityin New Zealand, the value of the Australian dollar will decline asAustralian prices rise.

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