A comparision between the Swiss and Australian economy

When we look at the Swiss economy we can see immediately that it is almost opposite of our own economy. It has a high franc, which has no real threat to their exports due to the specializations of their industries (e.g. Pharmaceuticals and watches) which are in high demand and whose prices don't decrease dramatically. Their high franc is also useful to all industries due to the fact that Switzerland itself doesn't have many …

…economy runs and is created around its strong Franc, the strong dollar supports all of the industries which require resources from other countries to produce their products. Being able to get more products for their money, these industries could make profits expand and put more into the economy by creating jobs and lowering its prices. Australia has also created a very robust economy through its monetary policy, and this is helping the countries economic growth.