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6.3.4 - Consequences of foreign exchange rate fluctuations

Unit 6.3.4 - Consequences of foreign exchange rate fluctuationsThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the effects of foreign exchange rate fluctuations on export and import prices and spending on imports and exports via the price elasticity of demand (PED).Foreign exchange rate fluctuations can have significant effects on export and import prices, as they directly...

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