A-LevelEconomicsInternational Trade and Global EconomyMay/June 2022Paper 1 Q231 Mark
A country operates a fixed exchange rate system. What will put pressure on the country to devalue its currency?
Adecrease in the country's inflation rate relative to the inflation rates of other countries
Bdecrease in the tariffs on its products imposed by other countries
Can increase in its current account balance of payments deficit with other countries
Dan increase in the country's interest rate relative to the interest rates of other countries
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of international trade and global economy within the Economicssyllabus. The examiner's mark scheme requires...
📋 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...
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