If the UK receives larger than expected revenues from exports, then the exchange value of the pound sterling will

Name: If the UK receives larger than expected revenues from exports, then the exchange value of the pound sterling will
Brand: Quizplus
Rating: 4.8 (56 reviews)

Question

Quizplus · Accepted Answer

When the UK receives larger than expected revenues from exports, it means there is a higher demand for the pound sterling to pay for these exports. This increased demand typically leads to an appreciation of the pound's exchange value.

If the UK Receives Larger Than Expected Revenues from Exports