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Answer :
Australian Education can expand overseas through exporting, franchising, and foreign direct investment, each with its own benefits and challenges.
Expanding overseas through exporting involves selling Australian education services to international markets. It allows for market entry with lower risks and costs, as universities can leverage their existing educational programs and deliver them to students abroad.
Franchising is another method of international expansion where Australian universities partner with local entities to establish and operate campuses or education programs.
Foreign direct investment (FDI) involves establishing fully owned campuses or educational institutions in foreign countries. This approach gives Australian universities complete control over their operations and allows for a deeper market penetration.
In terms of the impact on the Australian dollar, foreign direct investment (FDI) can potentially strengthen the currency. FDI involves Australian universities investing their funds in establishing overseas campuses or educational institutions.
In summary, each form of international marketing offers unique benefits and challenges for Australian Education's expansion overseas.
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