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?
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. This question tests the candidate's understanding of 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...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep