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O-LevelEconomicsInternational trade and globalisation2281/11 · Oct/Nov 2011 · Q391 Mark

The table gives the retail price of a paperback book as printed on its back cover. What is needed to make a clear comparison of the price in the four countries?

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Aexchange rates
Bindirect tax rates
Cinflation rates
Dretail price indices

✓ Correct answer

A: exchange rates

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About this question

Topic
International trade and globalisation, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2011 Paper 1 Variant 1, question 39.

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