A-LevelEconomicsExchange RatesMay/June 2013Paper 1 Q291 Mark
In spring 2011 the US$ exchanged for 81.6 yen. In spring 2012 the US$ exchanged for 76.1 yen. What would be expected to rise for the United States as a result of this change?
Athe level of unemployment
Bthe price of exports sold in Japan
Cthe rate of imported inflation
Dthe volume of imports
✓ Correct Answer
The correct answer is C. 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...
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