Document page
Economics IGCSEPDF 116
118 pagesrevision 46932
PDF 116
Page image rendered from the stored file at 110 dpi; it sharpens as you zoom. Outlines are placed from each region’s stored position on the page (612 × 792 pt).
readable
Source of this text: embedded text layer. The better of the embedded text and OCR is kept.
Exchange Rates
Balance of
Payments –
Current Account
Floating vs fixed, determinants,
appreciation/depreciation
Goods & services trade, income
flows, transfers, deficits/surpluses
Key indicator of country’s
external economic health
Affects Pakistan’s export
competitiveness, import costs,
inflation
Examination & Revision Notes