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NextQ7

Identify, which one of the following is an intangible item in Balance of Payment (BoP).

Determination and Changes in Exchange RateStudy Simplify SpecialPYQ1MCQ
Question 6

Read the following statements carefully : Statement 1 : Depreciation of domestic currency may lead to a rise in exports. Statement 2 : Due to the depreciation of Indian National Rupee (Rs.), purchasing power of US Dollar ($) may increase. In light of the given statements, choose the correct alternative from the following :

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