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2.4 International trade and the global economy

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Question 18

The pound depreciates. Each of four UK businesses keeps the sterling price charged to its customers unchanged.

Which business is most likely to experience an increase in demand as a result of the depreciation?

[1]
A

A plumbing firm repairing boilers for households in its own town

B

A travel agent arranging foreign holidays for UK residents

C

A hotel offering UK stays to visitors who live overseas

D

An electronics retailer selling imported televisions to UK households

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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