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FOREIGN TRADE — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsFOREIGN TRADE1 Mark
MCQ
What does rise in exchange rate for India mean?
  • ✓
    Value of Indian currency declines in international market
  • B
    Value of India currency rises in international market
  • C
    Demand of imports tend to increase
  • D
    None of these
✓

Answer

Correct option: A.
Value of Indian currency declines in international market

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