Edexcel IGCSE Economics 2.2.3.c appreciation
Practise appreciation questions by identifying a stronger currency and explaining how it can reduce exports or increase imports.
- Syllabus
- First assessment 2019
- Course
- Economics 4EC1
Exam points
- Distinguish appreciation from depreciation, revaluation and devaluation.
- Explain how appreciation can lower export demand and raise import demand.
2.2.3.c Appreciation question 1
[Maximum number: 1]
Which one of the following is a rise in the value of an exchange rate in a floating exchange rate system?
A
Appreciation
B
Depreciation
C
Revaluation
D
Devaluation
A
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