OCR•A-Level•Economics
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Balance of Payments and Exchange Rates
Current account, exchange rates, and international competitiveness
Practice 40 subtopics in Balance of Payments and Exchange Rates. All questions match the OCR A-Level specification.
About Balance of Payments and Exchange Rates
Balance of Payments and Exchange Rates is a key topic in the OCR A-Level Economicsspecification. This topic covers current account, exchange rates, and international competitiveness.
Master all 40 subtopics below with unlimited AI-generated questions. Each subtopic page includes sample questions and the ability to generate unlimited practice questions with detailed solutions.
All Subtopics (40)
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Current accountTrade in goodsTrade in servicesPrimary incomeSecondary incomeCapital accountFinancial accountBalance of payments equilibriumCurrent account deficitCurrent account surplusCauses of deficitCauses of surplusConsequences of deficitConsequences of surplusPolicies to correct deficitExchange rate determinationFloating exchange ratesCurrency demandCurrency supplyFixed exchange ratesManaged floatAppreciationDepreciationInterest ratesInflation differentialsSpeculationForeign direct investmentCurrent account balanceGovernment interventionEffect on exportsEffect on importsEffect on inflationEffect on economic growthMarshall-Lerner conditionJ-curve effectFactors affecting competitivenessProductivityUnit labour costsExchange rateNon-price competitiveness
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