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Open Economy Macroeconomics — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsOpen Economy Macroeconomics1 Mark
Question
What will be the effect on exports if foreign exchange rate increases?
  1. Increases.
  2. Decreases.
  3. Remains constant.
  4. None of them.
✓

Answer

  1. Increases.

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