What is an immediate effect for a country of a fall in its foreign exchange rate?
A.
a fall in the money supply
B.
an increase in purchasing power
C.
cheaper imports
D.
more competitive exports
Exam No：0455_w21_qp_13 Year：2021 Question No：30
Answer:
D
Knowledge points:
6.3.2 determination of foreign exchange rate in foreign exchange market ：The demand for and supply of a currency in the foreign exchange market and the determination of the equilibrium foreign exchange rate.
Solution:
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