A-LevelEconomicsInternational Trade and Global EconomyMay/June 2025Paper 1 Q301 Mark
The Euro (€) is the main currency of the European Union. The diagram shows the exchange rate between the Euro and the US dollar. [Figure 30.1] What is likely to have caused this change in the value of the Euro?
Adecrease in European Union inflation
Bdecrease in US interest rates
Can increase in European Union imports
Dan increase in European Union unemployment
✓ 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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