Skip to content

Course home

Sign up

4 International trade and the global economy

EasyMediumHard
123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263646566676869707172737475767778798081828384858687888990919293949596979899100101102103104105106107108109110111112113114115116117118119120121122123124125126127128129130131132133134135136137138139140141142143144145146147148149150151152153154155156157158159160161162163164165166167168169170171172173174175176177178179180181182183184185186187188189190191192193194195196197198199200201202203
Question 132

A UK animation studio charges a Japanese client for a film in pounds. The studio leaves its price unchanged, but the client now pays fewer yen than before.

What is a likely explanation for this outcome?

[1]
A

The pound appreciated, so each pound now buys fewer yen

B

The pound depreciated, so each pound now buys fewer yen

C

The pound appreciated, so each pound now buys more yen

D

The pound depreciated, so each pound now buys more yen

Markscheme

4 International trade and the global economy Questions

  1. GCSE
  2. /Economics
  3. /4 International trade and the global economy

Question bank