A-LevelEconomicsInternational Trade and Global Economy / Exchange RatesOct/Nov 2024Paper 1 Q241 Mark
Which circumstances would most help a firm to gain from a depreciation of the exchange rate?
AIt sells mainly abroad and relies on domestic suppliers for inputs.
BIt sells mainly abroad and relies on foreign suppliers for inputs.
CIt sells mainly in its home market and relies on domestic suppliers for inputs.
DIt sells mainly in its home market and relies on foreign suppliers for inputs.
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of international trade and global economy / 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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