2. Questions Bank
  3. 12th Class
  4. Economics
  5. Foreign Exchange Rate

12th Class Economics Foreign Exchange Rate Question Bank MCQs - Foreign Exchange Rate

  • question_answer
    Other things remaining the same, when foreign currency becomes cheaper, the effect on national income is likely to be:

    A) positive

    B) negative

    C) Both [a] and [b]

    D) no effect

    Correct Answer: B

    Solution :

    [b] negative


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