Note AcademyNote Academy

Economics (AS & A Level) · Feb / March 2023 · Paper 12 · Question 22

9708Exchange rates

What is most likely to cause a rise in a country's exchange rate?

  1. Aa fall in its direct taxes
  2. Ba fall in its export orders
  3. Ca rise in its interest rates
  4. Da rise in its imports

As printed in the paper

Show the answer

Correct answer: C. a rise in its interest rates

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.