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Quick questions on Exchange rates - Eduqas A-Level Economics (A520)

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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Explain two factors that could cause a floating currency to appreciate. [4 marks]
What is q2?
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Explain the J-curve effect following a depreciation. [4 marks]

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