A Comparison 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 types of resources, so their high franc can buy more resources which are mostly used to create products for export. …