In 2022, the Canadian dollar (CAD) appreciated in value against other major currencies. All other things being equal, which one of the following combinations, A, B, C or D, indicates the most likely consequences for the Canadian economy?
| Combination | Exports | Unemployment | Economic Growth |
|---|---|---|---|
| A | Increase | Decrease | Increase |
| B | Decrease | Increase | Decrease |
| C | Decrease | Decrease | Decrease |
| D | Increase | Increase | Increase |
Combination A
Combination B
Combination C
Combination D
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.