Economics 9708 · AS & A Level · 6.4

6.4 — practice question

A country brings in a high share of its raw materials from overseas. Its exchange rate depreciates. What effect does this have on the external value of money and its internal value?

  • Ainternal value of money rises; external value of money rises
  • Binternal value of money falls; external value of money rises
  • Cinternal value of money rises; external value of money falls
  • Dinternal value of money falls; external value of money falls

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