Cambridge IGCSE Business Studies practice

Paper 1 structured question: Business and the international economy

Try the question first, then check the answer and practise the same topic again.

At a glance

Paper

Marks

Topic

Business and the international economy

Exam-style question

Try this first

Paper 1Short Answer and Data Response4 marks

A clothing retailer exports garments to various countries.

Description

The retailer has experienced a rise in the value of the domestic currency, impacting its export strategy.

a
Explain how currency appreciation might affect the retailer's export sales.
Your answer
Aim for approximately 4 distinct marking points.
[4]

0 of 1 part answered

Answer every part before opening the mark scheme.

Common mistake

No common mistake is linked to this question yet.

Flashcard 1 of 6

Press Space to flip, arrows to move

Paper 1Short Answer and Data Response1 marks

Description

The company has noticed fluctuations in exchange rates over the past year, affecting its costs and sales.

a
State one effect of currency depreciation on the company's import costs.
Your answer
Aim for approximately 1 distinct marking point.
[1]