Question 40
Question 40 of 40
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No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
6. International trade an...
6.3. Foreign exchange rates

The demand for and supply of a currency in the foreign exchange market and the determination of the equilibrium foreign exchange rate.

2. The allocation of reso...
2.6. Price changes

Demand and supply diagrams to be used to illustrate these changes in market conditions and their consequences for equilibrium price and sales.

6. International trade an...
6.2. Globalisation, free trade and...

The benefits for consumers, producers and the economy in a variety of countries.