Devaluation works best when | Faculties

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Vinay

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📊 International Economics

Q. Devaluation works best when

(A) it is accompanied by a decline in short term interest rate
(B) foreign demad for exports is is elastic
(C) demand for forign imports is inelastic
(D) non of the above

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✅ Correct Answer: (B) foreign demad for exports is is elastic

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