A-LevelEconomicsInternational economic issues9708/12 · Oct/Nov 2014 · Q291 Mark

The diagram shows the market for Japanese Yen. What could have caused the change in the supply of Yen from S₁ to S₂?

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Areduction in the level of international investment into Japan

Breduction in the level of Japanese tariffs

Creduction in the value of foreign goods imported into Japan

Dreduction in the value of Japanese goods exported

✓ Correct answer

C: reduction in the value of foreign goods imported into Japan

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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 29.

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