Question : Which of the following are the effects of appreciation of domestic currency?
Option 1: Increase in imports
Option 2: Decrease in exports
Option 3: Decrease in national income
Option 4: All of the above.
Answer (1)
20th Jan, 2024
Correct Answer:
All of the above.
Solution :
Increase in imports , decrease in exports and decrease in national income and the effect of appreciation of domestic currency.
Hence option D is correct.
Comments (0)
