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Devaluation of currency affects

(a) Fall in domestic values

(b) Increase in domestic values

(c) No effect on domestic prices

(d) None of the above

Answers were Sorted based on User's Feedback



Devaluation of currency affects (a) Fall in domestic values (b) Increase in domestic values ..

Answer / sakthi

b)Increase in domestic values


Due to devaluation the domestic good in foreign market is
made less expensive by which the exports are increased.

This makes the rise in values for the commodities in
domestic market. By which the imports are made to decrease.

Is This Answer Correct ?    1 Yes 0 No

Devaluation of currency affects (a) Fall in domestic values (b) Increase in domestic values ..

Answer / priya

(b) Increase in domestic values

Is This Answer Correct ?    0 Yes 0 No

Devaluation of currency affects (a) Fall in domestic values (b) Increase in domestic values ..

Answer / samuel krupakar

( d ) None of the above

Is This Answer Correct ?    1 Yes 3 No

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