Banking General Awareness Foreign Trade Question Bank Foreign Trade and Exchange

  • question_answer
       What is the effect of an increase in demand for exports on the foreign currency reserve of a country?

    A) It will be Positive for the foreign currency reserve of that country.

    B) It will be Negative for the foreign currency reserve of that country.

    C) It will be Neutral for the foreign currency reserve of that country.

    D) All of these

    E)                None of these

    Correct Answer: A


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