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4 International trade and the global economy

4 International trade and the global economy

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Question 23

What is a likely effect of a depreciation of the pound on a UK firm importing raw materials?

[1]
A

Its imported inputs become cheaper in pounds

B

Its imported inputs become more expensive in pounds

C

Its export price automatically rises abroad

D

Its demand for pounds increases

Markscheme

4 International trade and the global economy Questions

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

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