: Pearson Edexcel past-paper questions pack
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Exchange rates

Past-paper questions pack

Name
Class
Date set
Date due
Score/ 103

Questions are numbered; the mark schemes (the answer key) follow on separate pages so the question pages can be handed out alone. www.economicsaleveltutor.com

Pearson Edexcel AS and A-level Economics past-paper questions since 2016 · 13 parts · mark schemes follow the questions · www.economicsaleveltutor.com · Questions and mark schemes © Pearson Edexcel

1. June 2024 · Paper 3 · Q2(a) · 5 marks · AO1=2,AO2=2,AO3=1
(a) Explain one reason why a country might operate a managed exchange rate. Refer to Extract D in your answer. (5)
2. June 2022 · Paper 2 · Q3(b) · 1 marks ·
(b) Which one of the following would be most likely to result from lower base interest rates? A fall in: (1) A the average price of houses B the external value of the pound C the level of employment D the rate of economic growth
3. June 2022 · Paper 3 · Q1(d) · 25 marks · AO1=4,AO2=4,AO3=8,AO4=9
(d) Evaluate the microeconomic and macroeconomic effects of a depreciation of the pound. Refer to restaurants or other food delivery services in your answer. (25)
4. November 2021 · Paper 2 · Q3(a) · 1 marks ·
(a) Which one of the following has been the overall change in the British pound to US dollar exchange rate from 1st January 2018 to 1st January 2019? (1) A Appreciation B Depreciation C Devaluation D Revaluation
5. November 2021 · Paper 2 · Q3(b) · 4 marks · AO1=2,AO2=1,AO3=1
(b) Explain the likely impact of the change in the exchange rate of the pound shown in the graph from 1st January 2018 to 1st January 2019 on the UK current account of the balance of payments. (4)
6. October 2020 · Paper 2 · Q3(b) · 1 marks ·
(b) Which one of the following is most likely to happen to Argentina’s currency value as a result of capital flight, assuming it is operating with a floating exchange rate system? (1) A Appreciation B Depreciation C Devaluation D Revaluation
7. October 2020 · Paper 3 · Q1(a) · 5 marks · AO1=2,AO2=2,AO3=1
(a) Explain how the Turkish central bank intervenes in the currency market to prevent ‘excessive appreciation or depreciation of the Turkish lira’ (Extract A, lines 7–8). (5)
8. October 2020 · Paper 3 · Q1(b) · 8 marks · AO1=2,AO2=2,AO3=2,AO4=2
(b) Examine two reasons why the Turkish government may want to avoid a significant fall in the exchange rate of the Turkish lira. (8)
9. June 2019 · Paper 2 · Q6(b) · 8 marks · AO1=2,AO2=2,AO3=2,AO4=2
(b) With reference to Extract A and Figure 1, examine the likely impact of the change in the sterling exchange rate on the UK economy. (8)
10. June 2018 · Paper 2 · Q8 · 25 marks · AO1=4,AO2=4,AO3=8,AO4=9
8 The British pound fell by over 10% to a 30-year low against the US dollar after the UK voted to leave the European Union. To what extent will this depreciation impact on future economic growth in the UK?
11. June 2017 · Paper 2 · Q6(a) · 5 marks · AO1=1,AO2=2,AO3=2
(a) With reference to Figure 1, calculate the percentage change in the value of the euro in pounds from the start of 2009 to the start of 2015. (5)
12. June 2017 · Paper 2 · Q6(c) · 10 marks · AO1=2,AO2=2,AO3=2,AO4=4
(c) Since mid-2015 the euro has appreciated. Assess the likely impact of an appreciation of the euro on the current account of the balance of payments for Eurozone countries. (10)
13. June 2017 · Paper 3 · Q1(a) · 5 marks · AO1=2,AO2=2,AO3=1
(a) With reference to Figure 2, explain one likely reason for the change in the Chile peso exchange rate between 2013 and 2015. (5)

Mark schemes

1. June 2024 · Paper 3 · Q2(a)
Mark scheme June 2024 Paper 3 Q2(a)
2. June 2022 · Paper 2 · Q3(b)
Mark scheme June 2022 Paper 2 Q3(b)
3. June 2022 · Paper 3 · Q1(d)
Mark scheme June 2022 Paper 3 Q1(d)
4. November 2021 · Paper 2 · Q3(a)
Mark scheme November 2021 Paper 2 Q3(a)
5. November 2021 · Paper 2 · Q3(b)
Mark scheme November 2021 Paper 2 Q3(b)
6. October 2020 · Paper 2 · Q3(b)
Mark scheme October 2020 Paper 2 Q3(b)
7. October 2020 · Paper 3 · Q1(a)
Mark scheme October 2020 Paper 3 Q1(a)
8. October 2020 · Paper 3 · Q1(b)
Mark scheme October 2020 Paper 3 Q1(b)
9. June 2019 · Paper 2 · Q6(b)
Mark scheme June 2019 Paper 2 Q6(b)
10. June 2018 · Paper 2 · Q8
Mark scheme June 2018 Paper 2 Q8
11. June 2017 · Paper 2 · Q6(a)
Mark scheme June 2017 Paper 2 Q6(a)
12. June 2017 · Paper 2 · Q6(c)
Mark scheme June 2017 Paper 2 Q6(c)
13. June 2017 · Paper 3 · Q1(a)
Mark scheme June 2017 Paper 3 Q1(a)