Other questions in this quiz

2. If an interest rate is fixed...

  • Stays the same throughout the repayment
  • It decreases butcannot increase.
  • Changes throughout the repayment
  • It increases but cannot decrease

3. Exports are...

  • Goods and services sold in the UK from abroad
  • Goods and services sold anywhere
  • Goods and services sold abroad
  • Goods and services sold in the UK from the UK

4. If you are repaying a loan on variable interest rates you would like...

  • Average interest rates
  • You wouldn't care
  • Low interest rates
  • High interest rates

5. A strong pound is good for...

  • everyone
  • exporters
  • importers
  • no one


No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all interest rates and exchange rates resources »