A-LevelEconomicsExchange RatesMay/June 2010Paper 1 Q281 Mark

The table shows the number of Jamaican dollars which exchanged for one unit of selected currencies in June and July 2001. What might be concluded from the table?

Q: What topic does this question test?

This question tests Exchange Rates in A-Level Economics (syllabus code 9708). It is worth 1 mark.

AThere was an increased demand for US$ by Jamaicans.

BThere was an increased supply of UK£ to Jamaicans.

CThere was a reduced supply of Guyana $ to Jamaicans.

DThere was a reduced demand for Barbados $ by Jamaicans.

✓ Correct Answer

The correct answer is D: There was a reduced demand for Barbados $ by Jamaicans.

📋 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 Exchange Rates in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics May/June 2010 examination, Paper 1 Variant 2.

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