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A-LevelEconomicsInternational economic issues9708/12 · Oct/Nov 2014 · Q261 Mark

What might explain an increase in the volume of a country's imports?

Aan appreciation of the country's exchange rate
Ban increase in the country's tariffs
Crecession in the country
Drise in the country's rate of income tax

✓ Correct answer

A: an appreciation of the country's exchange rate

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Topic
International economic issues, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, Oct/Nov 2014 Paper 1 Variant 2, question 26.

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