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Wednesday 15 January 2014

Unit 4: Homework question on exchange rates

Please complete the following part a) essay question for Monday 20th (that's BEFORE you go on MUN)!

The value of the pound rose from £1 = €1.05 in May 2008 to £1 = €1.26 in November 2012. Examine the factors which might explain this appreciation of sterling against the euro.



Remember 3 points and at least 2 evaluative points for an A* answer.

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