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Economics (AS & A Level) · Oct / Nov 2024 · Paper 13 · Question 30

9708Exchange rates

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

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

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

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