What is meant by the depreciation of a currency?

2281_s06_qp_1

MCQ

2006

Paper 1, Variant 0

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Which factor would cause a country’s exchange rate to fall?

2281_s12_qp_11

MCQ

2012

Paper 1, Variant 1

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What is likely to cause a rise in a country’s foreign exchange rate?

2281_s12_qp_12

MCQ

2012

Paper 1, Variant 2

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The US currently trades in oil with the UK. The discovery of new oil and gas deposits in the US will mean that its oil imports decrease and its oil exports increase. From the initial equilibrium point of X, which letter indicates the new equilibrium point for the US exchange rate?

2281_s16_qp_12

MCQ

2016

Paper 1, Variant 2

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What is the most accurate definition of a foreign exchange rate?

2281_s19_qp_11

MCQ

2019

Paper 1, Variant 1

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There has been an appreciation of the value of a country’s currency against other currencies. What effects will this have on prices of imports of raw materials and prices of exports of manufactured goods?

2281_s20_qp_12

MCQ

2020

Paper 1, Variant 2

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A US car dealer agrees an import price of US$25 000 for a Japanese car at the current rate of exchange. The US dollar then strengthens by 10% against the Japanese yen. What will be the new import price paid for the Japanese car?

2281_s21_qp_11

MCQ

2021

Paper 1, Variant 1

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What is the definition of foreign exchange rate?

2281_s22_qp_11

MCQ

2022

Paper 1, Variant 1

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The price of a currency in a fixed exchange rate system is reduced. What is this called?

2281_s22_qp_12

MCQ

2022

Paper 1, Variant 2

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An Argentine product initially sells in the US for $50 when the exchange rate between the two countries is 5 pesos to 1 dollar. The exchange rate changes to 10 pesos to 1 dollar and the price of the product remains unchanged in Argentina. What will be the new price of the product in the US?

2281_s23_qp_11

MCQ

2023

Paper 1, Variant 1

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