Other things remaining unchanged, when in a country the price of foreign currency rises, national income is:

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Ram Sharma

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Q. Other things remaining unchanged, when in a country the price of foreign currency rises, national income is:

(A) Likely to rise
(B) Likely to fall
(C) Likely to rise and fall both
(D) Not affected

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✅ Correct Answer: (A) Likely to rise

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