Which among the following is the effect of currency devaluation?
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Correct answer: (C) increase in exports
Explanation
Devaluation makes a country's goods cheaper abroad and imports dearer, so exports rise and imports fall.
Correct answer: (C) increase in exports
Explanation
Devaluation makes a country's goods cheaper abroad and imports dearer, so exports rise and imports fall.
This is question 133 of Bihar STET Paper 2 Computer Science (Class 11-12) PYQ, 12 Sep 2023, Shift 2. See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.