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Pearson Edexcel IAL Economics 4.3.3.2e distinction between devaluation &

Practise separating devaluation from depreciation, using fixed and floating exchange-rate contexts to name currency falls accurately.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
A2

Exam points

  • distinguish government-led devaluation from market-driven depreciation of a currency
  • apply the right term when a fixed exchange rate is deliberately reduced

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