Under fixed exchange rate system, fall in the value of domestic currency due to deficit in balance of payments resulted in

Question

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NA

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epreciation of the currency

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evaluation of the currency

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ppreciation of the currency

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o change in the exchange rate normally

1.	Under fixed exchange rate system, fall in the value of domestic currency due to deficit in balance of payments resulted in
A.	epreciation of the currency
B.	evaluation of the currency
C.	ppreciation of the currency
D.	o change in the exchange rate normally
Answer» E.

Discussion