A-LevelEconomicsInternational Trade and Global Economy / Exchange RatesOct/Nov 2024Paper 1 Q301 Mark

The table shows the exchange rate for national currencies per US dollar. [Table 30.1] Which currency has the smallest percentage appreciation against the US dollar between 2019 and 2020?

Q: What is the correct answer to this A-Level Economics question?

The correct answer is A: 2019: 6.91, 2020: 6.90.

Q: What topic does this question test?

This question tests International Trade and Global Economy / Exchange Rates in A-Level Economics (syllabus code 9708). It is worth 1 mark.

A2019: 6.91, 2020: 6.90

B2019: 70.4, 2020: 74.1

C2019: 14.4, 2020: 16.5

D2019: 0.99, 2020: 0.94

✓ Correct Answer

The correct answer is A: 2019: 6.91, 2020: 6.90

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This multiple-choice question tests International Trade and Global Economy / Exchange Rates in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics Oct/Nov 2024 examination, Paper 1 Variant 2.

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