devaluation MCQs
Showing 10 questions (Total: 10)
A devaluation of currency is expected to :
Correct Answer:
A: increase export
Explanation:
A devaluation of currency is expected to : Correct Answer increase export Devaluation is the deliberate downward adjustment of a country's currency value. The government issuing the currency decides to devalue a currency. Devaluing a currency reduces the cost of a country's exports and can help shrink trade deficits.Feb
Devaluation of Taka is likely to increase
Correct Answer:
A: export
What is the main objective of the devaluation of currency?
Correct Answer:
B: To increase export
Devaluation of taka in Bangladesh is likely to increase which of the following?
Correct Answer:
A: Export
Explanation:
Devaluation of taka in Bangladesh is likely to increase which of the following? Correct Answer Export মূল্যহ্রাসের ফলে এক্সপোর্ট বৃদ্ধি পায়।
What is the main objective of currency devaluation?
Correct Answer:
B: to increase export
What is the main objective of currency devalution?
Correct Answer:
B: To increase export
Devaluation of money results in an increase in which of the following?
Correct Answer:
C: Money supply
Devaluation of TAKA is likely to increase ----
Correct Answer:
D: Export
Explanation:
Devaluation of TAKA is likely to increase ---- Correct Answer Export Devaluation of Taka is likely to increase Export. A devaluation of the exchange rate will make exports more competitive and appear cheaper to foreigners. This will increase demand for exports. A country may devaluate its currency to combat trade imbalances. Devaluation causes a country’s exports to become less expensive, making them more competitive in the global market.
Devaluation of taka is likely to increase--
Correct Answer:
D: export
Devaluation of money results in an increase in which of the following ?
Correct Answer:
C: Money supply
Explanation:
Devaluation of money results in an increase in which of the following ? Correct Answer Money supply The main effects are: Exports are cheaper to foreign customers. Imports more expensive. In the short - term, a devaluation tends to cause inflation, higher growth and increased demand for exports.