More foreign currency will flow into the home country when : Option 1: When people of home country want to send gifts abroad Option 2: When people of home country want to purchase financial assets abroad Option 3: Imports increase Option 4: Exports increase

The answer is 'Exports increase'. View full solution:

CUET Economics - More foreign currency will flow into the home country when : | PYQs + Solutions

CUET Economics 2023 30 May Shift 1

Macro

Easy

When people of home country want to send gifts abroad

When people of home country want to purchase financial assets abroad

Imports increase

Exports increase

✅ Correct Option: 4

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26 May Shift 2

Other things remaining same, if the income abroad increases, what is the likely effect of the same on national income of the domestic economy?

16 May Shift 1

Balance of payments of an economy is in surplus when__________

CUET Economics 2022 Slot 1

Match List I with List II

List I - Foreign Exchange Rate	List II - Derived Meaning
A. Fixed exchange rate	I. Mixture of fixed and flexible exchange rate system.
B. Floating exchange rate	II. Determined by government.
C. Managed floating	III. Expectation of gain from appreciation of the currency
D. Speculation	IV. Determined by market forces of demand and supply of forex

Choose the correct answer from the options given below: