What was the expected impact of Brexit on the value of Sterling according to the discussion?
Posen: Pound's Fall Is Bigger Than What BOE Can Do

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sterling would remain stable.
Sterling would rise above 150.
Sterling would drop below 120.
Sterling would increase in value.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the Bank of England view the economic changes discussed?
As a fundamental change to competitiveness.
As a one-off shock.
As a minor fluctuation.
As an opportunity for growth.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the short-term economic benefit of a weaker pound?
Increased imports.
Boost in exports.
Higher inflation.
Improved productivity.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main argument against the idea of contagion in the global economy?
Contagion is beneficial for trade.
Contagion is a myth.
Contagion only affects developing countries.
Contagion is overplayed by the media.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the overall impact of the economic situation on the UK and EU according to the discussion?
A global economic shock.
An opportunity for economic reform.
A tragedy for the UK and a loss for the EU.
A minor inconvenience.
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