Economics · May / June 2017 · Paper 21 · Question 5
2281
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The question as text
In June 2015 the value of the Swiss franc rose by 30% against the euro. The countries that Switzerland exports to are changing. Exports to the USA, UK, India and South Korea are growing in importance, while exports to Germany, Italy and France are declining. A possible effect of an appreciation of the exchange rate is a fall in the inflation rate.
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5(a)[2]
5(b)[4]
5(c)[6]
5(d)[8]
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