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4.3 Exchange rates

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Question 37

Demand for UK exports rises. In a freely floating foreign-exchange market, what is most likely?

[1]
A

Supply of pounds shifts right and the pound depreciates

B

Demand for pounds shifts left and the pound depreciates

C

Demand for pounds shifts right and the pound appreciates

D

The exchange rate cannot change

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.

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