A-LevelEconomicsExchange RatesOct/Nov 2014Paper 1 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
The correct answer is A. This question tests the candidate's understanding of exchange rates 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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