- 1 Marks
BMIS – L1 – SA – Q4.1 – The external environment
Identifies factor causing Ghanaian Cedi exchange rate to fall.
Question
Question: Which of the following will cause the exchange rate value of the Ghanaian Cedi to fall?
A A rise in demand for Ghanaian exports by non-residents
B A rise in Ghanaian interest rates
C A desire by multinational companies to expand their manufacturing base in Ghana
D An expansion of the Ghanaian community’s desire to travel to other countries
Find Related Questions by Tags, levels, etc.
- Tags: Currency valuation, Economic Factors, Exchange rate, External environment, Ghanaian Cedi
- Level: Level 1
- Topic: The external environment
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