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Business in a Changing World

Quick questions on The economic environment - Eduqas A-Level Business

2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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State two effects of a rise in interest rates on a business. [2 marks]
What is q2?
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A UK firm exports a product at £100\pounds 100. The rate moves from \pounds 1 = \1.25to to \pounds 1 = \1.501.50. Calculate the dollar price before and after, and state the effect.

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