Final answer:
A stronger Swiss franc is advantageous for exchange students with a Swiss scholarship studying in Canada, as it increases their purchasing power. It is disadvantageous for Swiss firms selling in Canada, U.S. exchange students in Switzerland with a U.S. scholarship, and Swiss investors in Australia.
Step-by-step explanation:
When a country's currency strengthens, it impacts various economic actors differently. For Swiss firms selling goods and services in Canada, a stronger Swiss franc is disadvantageous because their products become more expensive for Canadian buyers, potentially reducing sales. On the other hand, for U.S. exchange students studying in Switzerland with a U.S. scholarship, a stronger Swiss franc means that their scholarship dollars won't go as far, making Switzerland a more expensive country to live and study in.
Exchange students with a Swiss scholarship studying in Canada will find a stronger Swiss franc advantageous because it increases their purchasing power, allowing them to get more Canadian dollars for their Swiss francs, thus making their stay in Canada less expensive. Lastly, Swiss investors who have invested money in Australia will find a stronger Swiss franc disadvantageous as the return on their Australian investments will be worth less when converted back into Swiss francs.