Economics (AS & A Level) · May / June 2023 · Paper 11 · Question 25

A country with a floating exchange rate experiences a large surplus on the current account of its balance of payments. What is likely to decrease as a consequence?

1. Athe exports of capital from the country
2. Bthe level of employment in the country
3. Cthe prices of imports into the country
4. Dthe value of the country's currency

As printed in the paper