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Commerce · Q44

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 44

Q44

If the currency of Rupee decreases against the US , then what does it mean for the price of products of that nation in foreign country?

A.
The nation is now practically offering its products and services at a cheaper price in a foreign nation
Answer
B.
The nation is now practically offering its products and services at a higher price in a foreign nation
C.
It will no effect on the prices of the products
D.
There is no link between two situations

Answer: Option A

Solution

Answer: Option A
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