
Which is most likely to cause country X’s exchange rate to depreciate?
Select ONE answer:
- an increase in country X’s demand for imports
- an increase in country X’s interest rate
- an increase in foreign demand for country X’s exports
- an increase in tourist visits to country X
Show your workings to arrive at your answer, and explain and justify your reasons:
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This multiple-choice question is suitable for Economics KS4 and KS5 classes.
The answer is 1
- Correct
- Not correct
- Not correct
- Not correct
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