Which of the following is/are the effects of devaluation or depreciation of currency? 1. It leads to increase in imports and decrease in exports. 2. It leads to increase in exports and decrease in imports. 3. It leads to increase in domestic inflation. 4. It leads to decrease in domestic inflation. Select the correct answer using the code given below:
Related questions
How can currency depreciation stimulate an increase in net exports? 1. By reducing export costs 2. By reducing import prices Select the answer using the code given below:
Foreign Trade & InvestmentWhat is the correct descending order of share of following components in Indian Foreign Exchange Reserves starting from largest to smallest ? 1. Gold Reserves 2. Foreign Currency Assets 3. Reserve po…
Foreign Trade & InvestmentWhich of the following countries are members of the BRICS ? 1. India 2. Indonesia 3. Iran 4. Egypt 5. Ethiopia Select the correct answer using the codes given below :
Foreign Trade & InvestmentWith reference to the Marine Products Export Development Authority (MPEDA), which of the following statement/s is/are correct? 1. MPEDA was established in 1972. 2. It is headquartered in Kolkata. Sel…
Foreign Trade & InvestmentWith reference to Trade-Related Investment Measures (TRIMs), which of the following statements is/are correct? 1. Quantitative restrictions on imports by foreign investors are prohibited. 2. They app…
Foreign Trade & Investment