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4 International trade and the global economy

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Question 32

The finance office of a UK theatre records that £1 buys €1.19 in June and €1.16 in July.

Which conclusion can be drawn from these records?

[1]
A

A purchase priced in euros cost fewer pounds in July than in June.

B

The UK government lowered the pound's exchange rate.

C

The pound appreciated against the euro.

D

The pound depreciated against the euro.

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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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