A-LevelEconomicsInternational economic issues9708/12 · Feb/Mar 2023 · Q221 Mark

What is most likely to cause a rise in a country's exchange rate?

Afall in its direct taxes

Bfall in its export orders

Crise in its interest rates

Drise in its imports

✓ Correct answer

C: rise in its interest rates

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Topic: International economic issues, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Feb/Mar 2023 Paper 1 Variant 2, question 22.

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