Skip to content

Course home

Sign up

4.3 Exchange rates

EasyMediumHard
1234567891011121314151617181920212223242526272829303132333435363738394041
Question 25

A Norwegian company increases its purchases of software from UK firms. Assume that the supply of pounds is unchanged.

Explain how this is likely to affect the exchange rate of the pound.

[3]
Markscheme

4.3 Exchange rates Questions

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

53 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