If the average productivity of Indian firms is rising more quickly than the average productivity of Australian firms,which of the following would you expect to see? (India's currency is the rupee.)

Question

Quizplus · Accepted Answer

As Indian firms become more productive, they can produce goods more efficiently, potentially lowering costs and prices, leading to an increase in the quantity demanded of Indian products relative to Australian products.

If the Average Productivity of Indian Firms Is Rising More