Question 27
Question 27 of 30
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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
11. International economi...
11.2. Exchange rates

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

11. International economi...
11.1. Policies to correct disequili...

effect of fiscal, monetary, supply-side, protectionist and exchange rate policies on the balance of payments

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