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Economics Paper 2 > UK Trade > Flashcards

UK Trade Flashcards

1
Q

What is the current account deficit currently in April 2024?

A

3.2% GDP

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2
Q

What has been the average size of the current account deficit in the last decade?

A

around 4%

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3
Q

What is the minimum wage rate

A

£11.44 / hour

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4
Q

What is the exchange rate at the moment in 2024

A

Very weak exchange rate.
£1 = $1.24

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Economics Paper 2 (14 decks)

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