A-LevelEconomicsInternational economic issues9708/12 · Feb/Mar 2017 · Q291 Mark

A country has a large current account deficit. Its government decides to devalue its currency. In which circumstance would such a measure reduce the deficit?

A0.0 0.0

B0.0 0.5

C0.5 0.5

D0.5 1.0

✓ Correct answer

D: 0.5 1.0

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Topic: International economic issues, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Feb/Mar 2017 Paper 1 Variant 2, question 29.

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