Economics 9708 · AS & A Level · 6.4

6.4 — practice question

Country X carries out 90% of its trade with USA and 10% with Japan. The original trade-weighted exchange rate index is 100. The value of X's currency increases by 10% against the US$ and by 50% against the yen. What is the updated trade-weighted exchange rate index?

  • A114
  • B115
  • C130
  • D160

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