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Economics (AS & A Level) · Oct / Nov 2022 · Paper 12 · Question 24

9708Exchange rates

What is likely to happen if there is a fall in the international value of a country's currency?

  1. Aa rise in the foreign currency price of its exports
  2. Ba rise in the volume of its exports
  3. Ca fall in the domestic currency price of its imports
  4. Da fall in the domestic price level

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Correct answer: B. a rise in the volume of its exports

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