O-LevelCommerceGlobal trade7100/12 · Oct/Nov 2023 · Q171 Mark

What might a Japanese car manufacturer find most difficult if it decides to export to Europe?

Acost of advertising

Bfluctuating exchange rates

Clevel of excise duties

Dweather conditions

✓ Correct answer

B: fluctuating exchange rates

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2023 Paper 1 Variant 2, question 17.

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