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Exchange rates: AQA GCSE Economics questions

AQA GCSE Economics past-paper questions on 3.2.4.2 Exchange rates, 2020–2025, with mark schemes and examiner’s reports where available.

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336 questions

  1. Q10

    June 2025 · Paper 2

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  2. Q9

    June 2024 · Paper 2

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  3. Q20

    June 2024 · Paper 2

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  4. Q9

    June 2023 · Paper 2

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  5. Q10

    November 2021 · Paper 2

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  6. Q20.1

    November 2021 · Paper 2

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  7. Q21

    November 2021 · Paper 2

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  8. Q8

    November 2020 · Paper 2

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  9. Q12

    November 2020 · Paper 2

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All 9 questions on Exchange rates, as a list
  1. June 2025, Paper 2, Q10 (1 mark): 1 0 Figure 1 shows the US Dollar ($) to the British Pound (£) foreign exchange market. Figure 1 Which of the following could have caused the change in the equil
  2. June 2024, Paper 2, Q9 (1 mark): Which of the following is the most likely effect of a rise in a country’s exchange rate? [1 mark]
  3. June 2024, Paper 2, Q20 (3 marks): 2 0 Figure 2 shows the Euro (€) to the British pound (£) foreign exchange market. Figure 2 – Euro (€)/British pound (£) exchange rate On Figure 2, draw and labe
  4. June 2023, Paper 2, Q9 (1 mark): Figure 1 shows the US Dollar ($) to the British Pound (£) foreign exchange market. Figure 1 Which of the following could have caused the change in the equilibri
  5. November 2021, Paper 2, Q10 (1 mark): 1 0 Which of the following identifies the effects a significant increase in the exchange rate will have on inflation and the current account balance? [1 mark]
  6. November 2021, Paper 2, Q20.1 (3 marks): 2 0 . 1 On Figure 2, draw a supply and demand diagram, and label the effects on the exchange rate of increased UK exports to the USA. [3 marks]
  7. November 2021, Paper 2, Q21 (9 marks): 2 1 Using Figure 3, assess whether people in the UK benefitted from changes in the exchange rate between 2016 and 2019. Justify your answer. [9 marks]
  8. November 2020, Paper 2, Q8 (1 mark): Which of the following would normally lead to a rise in the exchange rate? [1 mark]
  9. November 2020, Paper 2, Q12 (2 marks): 1 2 Explain one way a fall in the UK exchange rate might affect UK businesses. [2 marks]

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