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Government and the economy

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Question 2

In 2022, the annual rate of inflation in Turkey was 73.5% in May and 78.6% in June.

Explain one likely impact of this change in inflation on the current account of the balance of payments for a country such as Turkey.

[3]

Government and the economy Questions

  1. IGCSE
  2. /Economics
  3. /Government and the economy