A UK clothing manufacturer increases its investment in a factory in Vietnam. Which shift is most likely to occur in the foreign-exchange market for pounds?
Supply of pounds shifts right
Demand for pounds shifts left
Supply of pounds shifts left
Demand for pounds shifts right
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.