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Card 1 of 24

Contrast appreciation and revaluation.

A
  • Appreciation: fall in value in a floating system.
  • Revaluation: official fall in value in a fixed system.
B
  • Appreciation: official rise in value in a fixed system.
  • Revaluation: rise in value in a floating system.
C
  • Appreciation: rise in value in a fixed system.
  • Revaluation: official fall in value in a floating system.
D
  • Appreciation: rise in value in a floating system.
  • Revaluation: official rise in value in a fixed system.

Card 1 of 24

Exchange rates Flashcards

  1. A Level
  2. /Economics
  3. /Exchange rates

24 flashcards on OCR A Level Economics Exchange rates: the key terms, economic models and case studies you need to recall for Component 01, Component 02 and Component 03.

Flashcards