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4 International trade and the global economy

4 International trade and the global economy

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Question 19

UK interest rates rise, attracting foreign savings, while UK households sharply increase imports. What can be concluded about the pound's exchange rate?

[1]
A

It must appreciate

B

It must depreciate

C

It remains fixed

D

The effect is uncertain because demand and supply of pounds both increase

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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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