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Economics · Oct / Nov 2023 · Paper 12 · Question 29

2281Foreign exchange rates

Which factor would cause a country's exchange rate to fall?

  1. ADemand for imports increases.
  2. BDomestic interest rates rise.
  3. CDomestic savings increase.
  4. DMore tourists visit the country.

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Correct answer: A. Demand for imports increases.

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