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Economics paper 2 edexcel

Guys I for question 7 in section c I wrote about devaluing the £ and how that will lead to a depreciation in the currency and subsequently a imporvment of international competitiveness .used the mini budget in 2022 as application . Mentioned Marshall Lerner condition as eval and my second point wasn’t a lot but I spoke about interventionist SSP’s such as cross rail and HS2
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Original post by Alihbirer
Guys I for question 7 in section c I wrote about devaluing the £ and how that will lead to a depreciation in the currency and subsequently a imporvment of international competitiveness .used the mini budget in 2022 as application . Mentioned Marshall Lerner condition as eval and my second point wasn’t a lot but I spoke about interventionist SSP’s such as cross rail and HS2


I think ur point about the currency is valid, but you have to be really careful not to interchange devalue and depreciate as they have very different meanings!

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