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Calculate the following question

What is the current exchange rate of British pounds and American dollars

Exchange Rate

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IGCSE Exchange Rate

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Questions 10

Answers

1
What is the current exchange rate of British pounds and American dollars
£1=$1.42
£1=$0.9
£1=$0.02
£1=$1.91
2
Calculate the following question
£666.67
¥15000000
¥666.67
£15000000
3
Impact of falling exchange rates on exports?
Higher prices and lower demand
Lower prices and higher demand
Lower prices and lower demand
Higher prices and higher demand
4
Which of the following is one of the factors affecting the supply of currency?
High domestic interest rates
Interest rates in other countries
Demand for exports
Inward FDI
5
Which of the following is not one of the factors affecting the demand for a currency
Interest rates
Inward FDI
Demand for imports
Demand for exports
6
Exchange rates change because...
they are determined by demand only
they are determined by supply only
it just wants to
they are determined by demand and supply which could change
7
The definition of exchange rate is?
The price of one currency in terms of another
How much imports cost
How much exports cost
What you can buy overseas with your money
8
When exchange rate rises it is called?
Aprecaition
Appreciation
Addition
Apreciation
9
Calculate the following question
£420,000
£480,000
£440,000
$440,000
10
Impact of falling exchange rates on imports?
Lower prices and higher demand
Higher prices and lower demand
Lower prices and lower demand
Higher prices and higher demand