Skip to content

Course home

4 International trade and the global economy

4 International trade and the global economy

EasyMediumHard
1234567891011121314151617181920212223242526
Question 17

The pound appreciates, but a UK exporter has imported components priced in dollars. What is the most accurate conclusion?

[1]
A

The exporter must lose because exports become dearer

B

Cheaper imported components may partly offset weaker price competitiveness abroad

C

The exporter must gain because all costs fall

D

The effect is zero because exchange rates affect only consumers

Markscheme

4 International trade and the global economy Questions

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

Question bank