CUET Economics - Devaluation of domestic currency will make : | PYQs + Solutions

CUET Economics

Macro

Easy

Imports and Exports both become expensive

Imports become expensive and Exports become cheaper

Imports become cheaper and Exports become expensive

Imports and Exports both become cheaper

✅ Correct Option: 2

Related questions:

31 May Shift 1

Suppose, in a flexible exchange rate system, demand for foreign goods and services increases due to increased international travel by Indians.

Arrange the following statements in correct sequence.

(A) Exchange rate increases.

(B) Exports from India become more affordable for foreigners.

(D) The demand curve shifts towards the right.

Choose the correct answer from the options given below:

30 May Shift 2

In modern economies, countries interact through various channels, Which market is not an example of these linkages?

CUET Economics 2023 Slot 4

Capital Account of balance of payment includes :

(A) Export and Import of goods

(B) Receipt of loans from abroad

(D) Current transfers from Abroad

(E) Repayment of International loans

Choose the correct answer from the options given below :

CUET Economics PYQs