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2.4 International trade and the global economy

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Question 16

The pound and the Japanese yen are traded on the foreign-exchange market. Some students from Japan study at UK universities, and some UK students study at Japanese universities.

Which change is most likely to reduce the demand for pounds?

[1]
A

Fewer students from Japan pay fees to study at UK universities

B

Fewer UK students pay fees to study at Japanese universities

C

More UK students pay fees to study at Japanese universities

D

More students from Japan pay fees to study at UK universities

Markscheme

2.4 International trade and the global economy Questions

  1. GCSE
  2. /Economics
  3. /2.4 International trade and the global economy

118 exam-style questions on AQA GCSE Economics 2.4 International trade and the global economy, covering 2.4.1a The importance of trade, 2.4.1b Advantages of trade and interdependence, 2.4.1c UK exports and imports, 2.4.2a How exchange rates are determined, 2.4.2b Effects of exchange rate changes, 2.4.3a Free-trade and its arguments, 2.4.3b Free-trade agreements such as the EU, 2.4.4a Features and growth of globalisation, 2.4.4b Benefits and drawbacks of globalisation, and 2.4.4c Moral, ethical and sustainability considerations. Each one has a worked solution and a mark scheme showing where the marks go.

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