Page 461 - Cambridge IGCSE Business Studies

IGCSE Business Studies Student CD-ROM

21 What is meant by the appreciation of a currency?
A The value of the currency fluctuates.

B The value of the currency decreases with respect to another currency.
C The value of the currency increases with respect to another currency.

D The value of the currency remains the same.

22 What are the two effects of depreciation of currency on exporters?
A Exports are cheaper overseas.

B A decrease in sales.

C Exports are more expensive overseas.
D An increase in sales.

© Cambridge University Press 2014 IGCSE Business Studies Section 6 – Multiple choice 4