Section 11. International economic issues (A Level) for Economics, A Level - revisedeck

11. International economic issues (A Level)

A section of Economics, 9708

Listing 10 of 102 questions

The diagram shows the number of US dollars ($) and Euros (€) which exchanged for one pound sterling (£) between 2002 and 2004. 1.8 1.7 1.6 1.5 1.4 1.3 € per £ $ per £ What happened to the exchange rate of the $ against the £ and € during this period?

9708_w15_qp_12

MCQ

2015

Paper 1, Variant 2

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Country X conducts 60% of its trade with country Y and 40% of its trade with country Z. The initial value of the trade-weighted exchange rate index of country X is 100. What will be its new trade-weighted exchange rate index value if its currency falls in value by 20% against the currency of country Y and rises by 10% against the currency of country Z?

9708_w18_qp_12

MCQ

2018

Paper 1, Variant 2

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The US central bank lowers its interest rate. This has an effect on the exchange rate of the US$. The diagram shows the resulting changes in the demand for and supply of US$ in the foreign exchange market. O quantity of US$ exchange rate of US$ W X Y Z A change is shown...

9708_w18_qp_13

MCQ

2018

Paper 1, Variant 3

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Which combination of changes is most likely to result in a fall in a country’s inflation rate?

9708_w22_qp_11

MCQ

2022

Paper 1, Variant 1

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Countries X and Y are trade partners. An increase in which economic indicator in country Y is most likely to cause a fall in the exchange rate of country X?

9708_w24_qp_11

MCQ

2024

Paper 1, Variant 1

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Which change affecting the foreign exchange market for the US$ would be most likely to result in a shift to the right of the demand curve and a movement along the supply curve?

9708_m23_qp_12

MCQ

2023

Paper 1, Variant 2

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In 2000, Japan was Asia’s largest exporter of electrical components, but by 2018 it was ranked 8th. What might explain this change?

9708_s22_qp_13

MCQ

2022

Paper 1, Variant 3

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The table shows data on the Japanese balance of trade in goods. year exchange rate yen / dollar exports $bn imports $bn What can be concluded from this data?

9708_s23_qp_11

MCQ

2023

Paper 1, Variant 1

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Agricultural economies have faced a deterioration in their terms of trade. What might have contributed to this?

9708_w20_qp_11

MCQ

2020

Paper 1, Variant 1

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The term ‘transition economy’ is used to describe a country that is A adopting capital-intensive methods in place of labour-intensive methods. B moving from central planning towards the market system. C replacing a trade deficit with a trade surplus. D substituting manufacturing output for agricultural output.

9708_s12_qp_11

MCQ

2012

Paper 1, Variant 1

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Questions Discovered

102