O-LevelEconomicsInternational trade and globalisation2281/13 · Oct/Nov 2023 · Q291 Mark
A country’s foreign exchange rate appreciates significantly. Which group in the country will directly benefit from this change?
Agovernment department which only buys locally made goods
Bretailers who get all their supplies from foreign producers
Cworkers in local companies that compete with foreign firms in the local market
Dworkers in local companies that sell only in foreign countries
✓ Correct answer
B: retailers who get all their supplies from foreign producers
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill International trade and globalisation and see which topics are most likely to come up next.
Sign up free →