Economics (AS & A Level) · May / June 2022 · Paper 11 · Question 19
9708Exchange rates
Turkey can produce a good but also imports some of the good from Egypt. The Turkish currency depreciates against the Egyptian currency. How is this most likely to affect production of this good in Egypt and in Turkey?
- Adecrease / decrease
- Bdecrease / increase
- Cincrease / decrease
- Dincrease / increase
As printed in the paper
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Correct answer: B. decrease / increase
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