Economics GCSE
Appreciation
What Appreciation means in Economics GCSE, as defined for Pearson Edexcel.
Definition of Appreciation
An increase in the value of a currency in a floating exchange rate system.
Topics that use Appreciation
- Exchange rates (Pearson Edexcel GCSE)
Related terms
Using Appreciation in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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