Economics 9708 · AS & A Level · 6.4

6.4 — practice question

The table gives the number of Turkish lira (TRY) that could be exchanged for 1 US dollar (USD) in 2016 and 2021. What is the most likely reason for the change in the price of Turkish lira between 2016 and 2021?

  • Aa sustained fall in the demand for Turkish imports
  • Ba sustained fall in Turkish government debt as a percentage of GDP
  • Ca sustained rise in Turkish interest rates
  • Da sustained rise in Turkish inflation

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