plumiExchange rates: OCR GCSE Economics questions
Every OCR GCSE Economics exam question on 4.3 Exchange rates, 2021–2025, with its mark scheme and examiner’s report.
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Calculations
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Q23(d)(ii)
The whole paper ↗0 wordsQ23(d)(iii)
The whole paper ↗0 wordsQ22(a)
The whole paper ↗0 wordsQ22(b)
The whole paper ↗0 wordsQ22(c)
The whole paper ↗0 words- Your answer
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Q23(c)
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- Your answer
All 14 questions on Exchange rates, as a list
- June 2025, Paper 2, Q5 (1 mark): A consumer is planning a holiday. They found a villa that cost €3480 when the exchange rate was £1 = €1.20. By the time they booked the villa the exchange rate
- June 2025, Paper 2, Q13 (1 mark): The diagram shows the supply and demand for Sterling (£) when priced in US dollars ($). Price of Sterling in US Dollars ($) S2 S1 p2 p1 D 0 q2 q1 Quantity of St
- June 2024, Paper 2, Q13 (1 mark): A UK producer is currently buying raw materials from the USA for $28 000. The value of the UK pound (£) in terms of the US Dollar ($) changes from £1 = $1.40 to
- June 2024, Paper 2, Q18 (1 mark): The diagram shows the value of the UK pound (£) in terms of the Euro (€) from 2013 to 2022. €/£ 1.40 1.35 1.30 1.25 1.20 1.15 1.10 1.05 1.00 2013 2014 2015 2016
- June 2024, Paper 2, Q23(d)(ii) (2 marks): Explain how higher interest rates in the UK may lead to the international value of the pound increasing. [2]
- June 2024, Paper 2, Q23(d)(iii) (6 marks): (iii)* Evaluate the extent to which a rise in the foreign exchange value of the pound could affect UK consumers and producers. Use the information given in Extr
- June 2023, Paper 2, Q22(a) (2 marks): In 2011 a UK company exported goods to the USA worth £54 million. Using Extract 2 calculate the value of the goods in US dollars ($). Show your working. [2]
- June 2023, Paper 2, Q22(b) (2 marks): Using Extract 2 explain what is likely to have happened to the volume of US goods and services sold to UK consumers between 2008 and 2019. [2]
- June 2023, Paper 2, Q22(c) (6 marks): Analyse, with the use of a supply and demand diagram, one reason for the fall of the pound (£) against the US dollar ($) between 2008 and 2019. [6]
- June 2022, Paper 2, Q6 (1 mark): Which of the following is the most likely consequence for UK consumers of a fall in the UK exchange rate? A An increase in the rate of inflation B An increase i
- June 2022, Paper 2, Q16 (1 mark): Date Exchange rate (£1) 1st January 2016 $1.47 1st January 2017 $1.23 1st January 2018 $1.35 1st January 2019 $1.27 1st January 2020 $1.33 The table shows the e
- June 2022, Paper 2, Q23(c) (6 marks): Analyse, with the use of a demand and supply diagram, how the widening in the UK’s current account deficit between 2011 and 2013 could have changed the exchange
- November 2021, Paper 2, Q10 (1 mark): Which of the following will cause a country’s exchange rate to fall? Increased A balance of payments surplus B demand for its exports C demand for its imports D
- November 2021, Paper 2, Q14 (1 mark): James and Jane are returning from a holiday in Slovenia and want to convert their euros (€) into UK pounds (£). If the value of the UK pound in terms of the eur
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