Economics 9708 · AS & A Level · 6.4

6.4 — practice question

In a country that uses a fixed exchange rate, the inflation rate is greater than that of its trading partners. What is the probable effect on the quantities of its exports and imports?

  • Aexports decrease, imports decrease
  • Bexports decrease, imports increase
  • Cexports increase, imports decrease
  • Dexports increase, imports increase

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