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Economics · Oct / Nov 2021 · Paper 12 · Question 30

2281Foreign exchange rates

What is an immediate effect for a country of a fall in its foreign exchange rate?

  1. Aa fall in the money supply
  2. Ban increase in purchasing power
  3. Ccheaper imports
  4. Dmore competitive exports

As printed in the paper

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Correct answer: D. more competitive exports

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