Economics 9708 · AS & A Level · 6.4

6.4 — practice question

How is the volume of exports and imports likely to change if a country that has a fixed exchange rate has a higher inflation rate than its trading partners?

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

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