. Devaluation of currency leads to
(1) Fall in domestic prices
(2) No effect in domestic prices
(3) Increase in domestic prices
(4) Any of the above
Answer Posted / kamesh kumar
no effect in domestic prices because devaluation means fall
in the value of money in terms of other countries but the
domestic prices would be the same.
Is This Answer Correct ? | 24 Yes | 17 No |
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