CourseCourseConceptConceptDocsDocuments

IB Economics HL 4.6.4 Hl Current Account and Exchange Rate Questions

Practise 4.6.4 (HL) Current account and exchange rate in IB Economics HL by reviewing the concepts and applying them to marked questions.

Syllabus
First assessment 2022
Course
Economics HL
Level
HL

Exam points

  • The current account balance relates to currency demand, supply, and exchange rate movements
  • Diagram [HL]: exchange rate showing relationship between current account balance and exchange rate

IB Economics HL 4.6.4 Hl Current Account and Exchange Rate Questions question 1

[Maximum number: 2]

The following diagram illustrates the domestic market for rice in Country Alpha. This diagram will be used for several of the following questions.

Figure for Question IB Economics HL 4.6.4 Hl Current Account and Exchange Rate Questions question 1 — IB Economics HL

The following table provides selected data from the balance of payments for Alpha for 2016.

Table 1

Table 1

Outline how Alpha's current account balance for 2016 is likely to affect the exchange rate of its currency.

All question bank results loaded