Overvaluation of domestic currency makes

Related MCQs

• The quota system in which domestic producers of a quota fixing country are required to make use of both domestic raw materials and a specified proportion of imported raw materials to produce a product
• The difference in the domestic cost ratios of producing two commodities in two countries is known as
• The increase in the domestic production of a commodity due to imposition of a tariff is
• Once import quota is levied on a commodity, the domestic price of the commodity
• An increase in domestic production of goods due to imposition of import quota is called
• Undervaluation of currency encourages
• in 1991, India devalued its currency by 18 per cent to
• The Indian rupee was made a freely convertible currency on current account since the year