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A Level Economics > Exchange Rates > Flashcards

Exchange Rates Flashcards

1
Q

What effects the currency supply?

A

Tourism Abroad

Imports

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2
Q

What determines demand for currency

A

Domestic tourism

Exports

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3
Q

What happens to Pounds when there more Chinese people want to travel to the UK

A

Chinese people have to exchange their Yuans for Pounds so demand for Pounds will increase

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A Level Economics (13 decks)

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