1. Complete Section A of the specimen paper for Wed 18th March.
2. Exchange rates - could you go to the 'Essay bank - Exchange rates' blog entry (3 entries up) and attempt Jan 2002 (both questions). Complete this for Friday 20th March.
January 2002
Many businesses complain about the strength of the pound. However, it can be argued
that a strong pound is beneficial to the economy as a whole.
a) Explain the factors that might cause an appreciation in an economy’s exchange
rate [10]
b) Discuss the effect of a strong pound on both the balance of payments and the UK
economy as a whole [15]
Sorry about all the prep, but the big day is approaching!!.
