Vidyalelo
Commerce · Q539

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 539

Q539

The devaluation of currency of a country is done when 1. it has adverse balance of payment. 2. it has favourable balance of payment. Select the correct answer using the options given below

A.
Both 1 and 2
Answer
B.
Neither 1 nor 2
C.
Only 1
D.
Only 2

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board