A-LevelEconomicsInternational economic issues9708/12 · Oct/Nov 2022 · Q241 Mark

What is likely to happen if there is a fall in the international value of a country's currency?

Arise in the foreign currency price of its exports

Brise in the volume of its exports

Cfall in the domestic currency price of its imports

Dfall in the domestic price level

✓ Correct answer

B: rise in the volume of its exports

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Topic: International economic issues, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2022 Paper 1 Variant 2, question 24.

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