More cards in this set

Card 6

Front

What is a disadvantage of specialisation ? (pg 10)

Back

Preview of the front of card 6

Card 7

Front

What is interest rate ? (pg 11)

Back

Preview of the front of card 7

Card 8

Front

Why do interest rates change ? (pg 11)

Back

Preview of the front of card 8

Card 9

Front

What are the impacts that interest rates have on businesses and consumers if the increase ? (pg 11)

Back

Preview of the front of card 9

Card 10

Front

What are the impacts that interest rates have on businesses and consumers if the decrease ? (pg 11)

Back

Preview of the front of card 10

Card 11

Front

What are exchange rates ? (pg 12)

Back

Preview of the front of card 11

Card 12

Front

What is it called when exchange rates go down ? (pg 12)

Back

Preview of the front of card 12

Card 13

Front

What is it called when exchange rater go up ? (pg 12)

Back

Preview of the front of card 13

Card 14

Front

How will a weaker pound affect businesses that export goods ?

Back

Preview of the front of card 14

Card 15

Front

How will a stronger pound affect businesses that import goods ?

Back

Preview of the front of card 15