O-LevelCommerceGlobal trade7100/12 · Oct/Nov 2024 · 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?

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

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

B: Exporters will benefit from increased revenue from sales to the US.

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2024 Paper 1 Variant 2, question 14.

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