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2.6 The international economy (A-level only)

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Question 27

A United Kingdom artisan chocolate manufacturer imports premium packaging machinery from Germany, paying in Euros ( $EUR\text{EUR}$ ), and exports its high-end finished confectionery to retailers in Japan, receiving payment in Japanese Yen ( $JPY\text{JPY}$ ).

It follows from the above that, other things being equal, the UK manufacturer will benefit most when the British Pound ( $GBP\text{GBP}$ ) is

A

weak against the Euro, strong against the Japanese Yen.

B

strong against the Euro, strong against the Japanese Yen.

C

strong against the Euro, weak against the Japanese Yen.

D

weak against the Euro, weak against the Japanese Yen.

Markscheme

2.6 The international economy (A-level only) Questions

A Level
Economics
2.6 The international economy (A-level only)

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.

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