Devaluation of currency will be more beneficial if- - Study24x7
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shruti bhardwaj
27 Jul 2022 11:37 AM study24x7 study24x7

 Devaluation of currency will be more beneficial if-

A

prices of domestic goods remain constant

B

prices of exports remain constant

C

prices of imports remains constant

D

prices of exports rise proportionately

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  • Harshit

    • Devaluation of currency refers to the government's intentional reduction of the currency's value, and it is better if export prices stay the same. So the correct option is B

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    Reply 28 Jul 2022 10:50 AM
  • Priya Sharma

    • Devaluation of currency means the deliberate fall down of the value of the currency by the government and it will be more beneficial if the prices of exports remain constant.

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    Reply 27 Jul 2022 11:58 AM
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