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2.4 International trade and the global economy

2.4 International trade and the global economy

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Question 11

image The diagram shows demand for pounds shifting from D1 to D2 while supply shifts from S1 to S2. Which outcome is certain?

[1]
A

The exchange rate falls and the quantity traded rises

B

The exchange rate is uncertain and the quantity traded rises

C

The exchange rate is unchanged and the quantity traded is unchanged

D

The exchange rate rises and the quantity traded rises

Markscheme

2.4 International trade and the global economy Questions

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

48 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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