Correct Answer: True, as a weaker currency reduces the cost of accommodation and travel expenses.

Solution : The correct answer is (a) True, as a weaker currency reduces the cost of accommodation and travel expenses.

A depreciating exchange rate, which means a weaker domestic currency, can benefit a country's tourism industry. The reason behind this is that a weaker currency makes traveling to the country more affordable for foreign tourists. When a country's currency depreciates, it takes fewer units of foreign currency to exchange for the domestic currency. This reduces the cost of accommodation, transportation, and other expenses for foreign tourists, making the country a more attractive and affordable destination. As a result, a depreciating exchange rate can encourage an increase in tourist arrivals and support the growth of the tourism industry.