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If the value of domestic currency falls in terms of foreign currency then
(a) Import payment will increase and export earnings will also increase.
(b) Import payment will fall and export earning will also fall
(c) Import payment will increase and export earnings will fall
(d) Import payment will fall and export earning will increase.
If the value of domestic currency falls in terms of foreign currency then
(a) Import payment will increase and export earnings will also increase.
(b) Import payment will fall and export earning will also fall
(c) Import payment will increase and export earnings will fall
(d) Import payment will fall and export earning will increase.
(a) Import payment will increase and export earnings will also increase.