McqMate
| Q. |
Which among following is an implication of revaluation? |
| A. | revaluation makes the country's exports relatively more expensive for foreigners. |
| B. | revaluation makes foreign products relatively more expensive for domestic consumers, thus encouraging imports. |
| C. | revaluation help to reduce the country's exports to reduce the current account surplus. |
| D. | all the above |
| Answer» D. all the above | |
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