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4.3 Exchange rates

4.3 Exchange rates

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Question 7

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The diagram shows the market for pounds. What change is illustrated?

[1]
A

An increase in the supply of pounds causing depreciation

B

An increase in demand for pounds causing appreciation

C

A decrease in demand for pounds causing depreciation

D

A decrease in supply of pounds causing appreciation

Markscheme

4.3 Exchange rates Questions

  1. GCSE
  2. /Economics
  3. /4.3 Exchange rates

21 exam-style questions on OCR GCSE Economics 4.3 Exchange rates, covering 4.3.1 Draw how exchange rates are determined, 4.3.2 Analyse how exchange rates are determined, 4.3.3 Calculate currency conversion, 4.3.4 Analyse exchange rate data, and 4.3.5 Effect of exchange rate changes. Each one has a worked solution and a mark scheme showing where the marks go.

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