Question : ________, shows that unit price of foreign currency has decrease i.e., domestic currency has appreciated .
Option 1: Increase in demand
Option 2: Decrease in demand
Option 3: Increase in supply
Option 4: Decrease in supply
Answer (1)
21st Jan, 2024
Correct Answer:
Decrease in demand
Solution :
Decrease in demand shows that unit price of foreign currency has decrease i.e., domestic currency has appreciated.
Hence Option B is correct.
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