All other things being equal, which one of the following is the most likely consequence of a depreciation in the external value of a country's currency?
An increase in
unemployment in manufacturing export sectors
the volume of imports
the domestic price level
the purchasing power of domestic households abroad
310 exam-style questions on AQA A Level Economics 2.6 The international economy (A-level only), covering 2.6.1 Globalisation, 2.6.2 Trade, 2.6.3 The balance of payments, 2.6.4 Exchange rate systems, and 2.6.5 Economic growth and development. Each one has a worked solution and a mark scheme showing where the marks go.