R

Ram Sharma • 193.88K Points
Coach Economic

Q. What is the effect of a currency devaluation under fixed exchange rates
in the short run?

  • (A) A decline in output.
  • (B) An increase in imports.
  • (C) A decline in foreign reserves.
  • (D) An increase in exports.
  • Correct Answer - Option(D)
  • Views: 233
  • Filed under category Economic

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