Paper 2 question on exchange rates, central banks and intervention in the foreign exchange market
IB Economics Paper 2 includes two questions, and students need to choose one. This is a sample Paper 2 question. The time allowed for Paper 2 is 105 minutes, so students should spend 105 minutes on this question. This Paper 2 style question is on exchange rates, central banks and intervention in the foreign exchange market. The Chinese central bank has weakened its currency further after previous official cuts that...