Guide 4.5 · Unit 4: The global economy
Exchange rates
SL questions. SL · HL · The lesson
Question 11 mark
Which of these increases the demand for the Japanese yen on the foreign exchange market?
Question 21 mark
A central bank raises its interest rate while rates elsewhere stay the same. What is the most likely effect on its currency?
Question 31 mark
The pound appreciates against the euro. What happens, other things being equal?
Question 41 mark
The exchange rate is £1 = USD 1.25. A UK shirt costs £40. What does it cost a buyer in the United States, ignoring transport and taxes?