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O-LevelCommerceGlobal tradeOct/Nov 2024Paper 1 Q141 Mark

The diagram shows a newspaper headline. [Figure 14.1] How will this new high rate of the US dollar affect exporters and importers that trade with the US?

AExporters will be forced to develop markets outside the US.
BExporters will benefit from increased revenue from sales to the US.
CImporters buying goods from the US will benefit from lower costs.
DImporters will be able to buy more goods from the US.

✓ Correct Answer

The correct answer is B: Exporters will benefit from increased revenue from sales to the US.

📋 Examiner Report & Trap Analysis

Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This O-Level Commerce Question

Topic

This multiple-choice question tests Global trade in O-Level Commerce (syllabus code 7100). It is worth 1 mark.

Source

This question appeared in the Cambridge O-Level Commerce Oct/Nov 2024 examination, Paper 1 Variant 2.

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