Question : When price of a foreign currency falls ______from that foreign country becomes cheaper and ________ increases.
Option 1: Imports, imports
Option 2: Exports, exports
Option 3: Imports, exports
Option 4: Exports, Imports
Answer (1)
23rd Jan, 2024
Correct Answer:
Imports, imports
Solution :
When price of a foreign currency falls imports from that foreign currency becomes cheaper and increases imports.
Hence Option A is correct.
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