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4 International trade and the global economy

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Question 152

The table shows two exchange rates for the pound in January and June.

Exchange rateJanuaryJune
Japanese yen per £1185178
Pounds per 1 Swiss franc£0.91£0.88

Which statement correctly interprets both changes from January to June?

[1]
A

The pound appreciated against both the yen and the Swiss franc.

B

The pound depreciated against both the yen and the Swiss franc.

C

The pound appreciated against the yen and depreciated against the Swiss franc.

D

The pound depreciated against the yen and appreciated against the Swiss franc.

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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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