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SingaporeEconomicsQuick questions
International Trade and Globalisation
Quick questions on Exchange rates and the balance of payments explained: H2 Economics
3short 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 what causes a currency to appreciate in a floating system. [2 marks]
What is q2?Show answer
Explain the main trade-off of a depreciation. [3 marks]
What is q3?Show answer
State the Marshall-Lerner condition. [2 marks]
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