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4 International trade and the global economy

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Question 90

A UK traveller returns from a trip with euros left over and exchanges them for pounds. What does this transaction involve on the foreign-exchange market?

[1]
A

Euros are demanded and pounds are supplied.

B

Both pounds and euros are supplied.

C

Both pounds and euros are demanded.

D

Pounds are demanded and euros are supplied.

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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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