NextQ33

Identify, the factor which influences the demand for foreign exchange in a country. (Choose the correct option)

Question 32

Read the following statements - Assertion (A) and Reason (R). Choose the correct option from those given below : Assertion (A) : Increase in exchange rate implies that the price of foreign currency in terms of domestic currency has increased. Reason (R) : Balance of trade records the inflows and outflows of foreign exchange.

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