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help with question 4 of the tips for the June 2015 exam

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › help with question 4 of the tips for the June 2015 exam

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by AvatarJohn Moffat.
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  • May 7, 2015 at 4:40 pm #244642
    Avatarquestforknowledge
    Member
    • Topics: 29
    • Replies: 47
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    John please can you help me with the question on the tips for the forth coming exam which says Written question on effects of a country leaving a common currency (such as Greece leaving the Euro. what are the effects

    May 7, 2015 at 5:51 pm #244663
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54843
    • ☆☆☆☆☆

    It is a pure guess, and the more general choice question is always impossible to guess! It will be a miracle if I get this one right.

    However the examiner does expect you to have a general awareness of what is going on in the world (from a financial point of view), and the Euro is the world’s most used currency.

    I would not spend much time on this, but if you search on Google you will finds lots and lots of press comment on Grexit (which is what they are calling the idea of Greece leaving the Euro).

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