Economics 0455 · IGCSE · Foreign exchange rates

Foreign exchange rates — practice question

Which pair of changes would increase the price of the Pakistani rupee in the foreign exchange market?

  • Ademand for Pakistan’s exports decrease, Pakistan’s demand for imports decrease
  • Bdemand for Pakistan’s exports decrease, Pakistan’s demand for imports increase
  • Cdemand for Pakistan’s exports increase, Pakistan’s demand for imports decrease
  • Ddemand for Pakistan’s exports increase, Pakistan’s demand for imports increase

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