Table 1 Data relating to $/£ exchange rate and total value of UK exports 2015–24
Source: ONS
1 Using Table 1, calculate the percentage change in the $/£ exchange rate between 2015 and 2014 to one decimal place. (2 marks)
2 Using Table 1, to what extent do the data show that the exchange rate helps determine the amount of exports the UK can sell to other countries? (4 marks)
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