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The global economy

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Question 49

Complete the table below to indicate how each change might affect the exchange rate of the British Pound (£). Put a cross ☒ (or write your choice) in the appropriate box for each scenario.

APPRECIATEDEPRECIATE
The demand for UK exports increases
Interest rates decrease in the UK
Global currency speculators expect the value of the British Pound to fall
[3]

The global economy Questions

  1. IGCSE
  2. /Economics
  3. /The global economy