MCQOPTIONS
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| 1. |
By devaluation we mean |
| A. | a fall in the external value of currency caused by the government action |
| B. | a fall in the domestic value of a currency |
| C. | a fall in the domestic value of the currency caused by the market force |
| D. | None of these |
| Answer» C. a fall in the domestic value of the currency caused by the market force | |