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
    Appreciation of foreign currency leads to increase in exports from the domestic country.

    A) True

    B) False

    C) Partially true

    D) Incomplete statement

    Correct Answer: A

    Solution :

    Appreciation of foreign currency is tied with depreciation of domestic currency. Depreciation makes domestic goods cheaper in international market leading to rise in exports from domestic market.


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