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4 International trade and the global economy

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Question 144

The table shows the value of Canadian shares bought by UK pension funds in two consecutive quarters.

QuarterCanadian shares bought by UK pension funds
Previous quarter£1.2 billion
Current quarter£2.8 billion

Using the information in the table, explain what is likely to happen to the value of the pound against the Canadian dollar in the foreign exchange market.

[3]
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4 International trade and the global economy Questions

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

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