Economics 0455 · IGCSE · Foreign exchange rates

Foreign exchange rates — practice question

A country’s foreign exchange rate rises sharply. Which group in that country will gain directly from this change?

  • Aa government department which only buys locally made goods
  • Bretailers who get all their supplies from foreign producers
  • Cworkers in local companies that compete with foreign firms in the local market
  • Dworkers in local companies that sell only in foreign countries

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