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?
- Aa fall in its direct taxes
- Ba fall in its export orders
- Ca rise in its interest rates
- Da rise in its imports
As printed in the paper
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Correct answer: C. a rise in its interest rates
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