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. 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
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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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