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EnglandEconomicsQuick questions
Component 2: Macroeconomics - International and development economics
Quick questions on Exchange rates and the balance of payments - OCR A-Level Economics (H460)
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?Show answer
Explain the effect of a depreciation on exports and imports. [3 marks]
What is q2?Show answer
State the Marshall-Lerner condition. [2 marks]
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