Economics 9708 · AS & A Level · International trade and free trade

International trade and free trade — practice question

A country's currency falls in value relative to other currencies. What would be one result of this depreciation?

  • AThere would be a decrease in structural unemployment.
  • BThere would be a decrease in the volume of exports.
  • CThere would be an increase in cost-push inflationary pressure.
  • DThere would be an increase in the budget deficit.

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI