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ScotlandEconomicsQuick questions
Global Economic Activity
Quick questions on Exchange rates: determination, appreciation and depreciation - SQA Higher Economics
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
Using SPICED, state what a strong pound does to imports and exports. [2 marks]
What is q2?Show answer
Explain one factor that could cause a currency to depreciate. [2 marks]
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