The likely implication of the devaluation of a country...
The likely implication of the devaluation of a country's currency is that
Exports of such a country become cheaper
Importation of goods into such a country becomes cheaper
The value of such a country's currency rises
Foreign goods are attracted into the country
Correct answer is A
The devaluation or depreciation of currency tends to raise the price level in the country and thus increase the rate of inflation. This causes the exports of goods to increase and reduces the supply and availability of goods in the domestic market which tends to raise the domestic price level.
Disposable income in national income accounting is an income which ...
In a partnership, the conduct of members is guided by ...
A debenture share entitles its holder to ...
Which of the following statements must hold if price discrimination is to be possible? ...
The biggest source of government revenue in Nigeria is ...
The main reason for low agricultural produce in west Africa is need to ...