Which among following is NOT an implication of devaluation?
A) devaluation makes the country's exports relatively less expensive for foreigners.
B) devaluation makes foreign products relatively more expensive for domestic consumers, thus discouraging imports.
C) devaluation help to increase the country's exports
D) may therefore help to reduce the current account surplus.
Correct Answer:
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Q16: BOP includes
A)current account
B)capital account
C)official reserve account
D)all the
Q17: International trade refers to trade between
A)two regions
Q18: Under a fixed exchange rate system, _are
Q19: _ is the deliberate downward adjustment in
Q20: A _is an upward adjustment in the
Q22: Which among following is an implication of
Q23: Devaluation leads to
A)increasing the price of imports
Q24: PDS Stands for:
A)public distribution system
B)public division system
C)price
Q25: Agricultural Credit is given by.
A)co-operatives
B)rrbs
C)nabard
D)all of the
Q26: India's Green revolution was most successful in
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