A-LevelEconomicsInternational economic issues9708/12 · May/June 2022 · Q201 Mark
What does a trade-weighted exchange rate attempt to take account of?
Acountry's terms of trade
Binternational trade as a proportion of a country's national income
Cthe relative value of international trade done with a country's trading partners
Dthe size of a country's current account surplus or deficit
✓ Correct answer
C: the relative value of international trade done with a country's trading partners
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