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4 International trade and the global economy

4 International trade and the global economy

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Question 24

Demand for UK exports rises. In a freely floating foreign-exchange market, what is most likely?

[1]
A

Supply of pounds shifts right and the pound depreciates

B

Demand for pounds shifts left and the pound depreciates

C

Demand for pounds shifts right and the pound appreciates

D

The exchange rate cannot change

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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