Question 19
Question 19 of 30
Question image for Q19
You can solve this MCQ to see its answer, but your attempt won't be logged unless you login
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 economic...
6.4. Exchange rates

AD/AS analysis of the impact of exchange rate changes on the domestic economy’s equilibrium national income and the level of real output, the price level and employment

6. International economic...
6.1. The reasons for international...

exports, imports and the terms of trade: measurement of the terms of trade, causes of changes in the terms of trade, impact of changes in the terms of trade

11. International economi...
11.2. Exchange rates

the effects of changing exchange rates on the external economy using Marshall-Lerner and J curve analysis