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Economics (CBCS)
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International Trade
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Unit 4
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Devaluation encourage
Q.
Devaluation encourage
A.
Exports
B.
Imports
C.
Both exports and imports
D.
None of the above
Answer» A. Exports
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Devaluation results in
To make the exchange rate more realistic and to encourage exports and discourage imports, the Rupee was devalued in