Which of the following is most likely to cause a country's currency to appreciate under a floating exchange rate system?
An increase in the domestic rate of inflation relative to inflation rates abroad
A reduction in domestic interest rates relative to interest rates abroad
An increase in domestic consumer preferences for imported goods
A rise in the volume of foreign tourists visiting the country
30 exam-style questions on OCR A Level Economics Exchange rates. Each one has a worked solution and a mark scheme showing where the marks go.