Skip to content

Course home

4.3 Exchange rates

4.3 Exchange rates

EasyMediumHard
1234567
Question 6

A UK exporter sells a product for £4,000. The pound depreciates from £1 = €1.20 to £1 = €1.08. If the euro price is unchanged, approximately what sterling revenue would the exporter receive?

[1]
A

£3,600

B

£4,000

C

£4,800

D

£4,444

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.

Question bank