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4.3 Exchange rates

4.3 Exchange rates

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Question 8

A British laptop costs £800. At £1 = $1.25, what is its price to a US buyer before delivery costs?

[1]
A

$1,000

B

$640

C

$800

D

$1,250

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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