MCQOPTIONS
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MCQOPTIONS
| 1. |
Devaluation results in |
| A. | Increase in domestic price of imports and decrease in foreign price of exports |
| B. | Increase in foreign price of exports and decrease in domestic price of imports |
| C. | Decrease in domestic price of imports and increase in foreign price of exports |
| D. | None of the above |
| Answer» B. Increase in foreign price of exports and decrease in domestic price of imports | |