-
A.
expansion of local industries
-
B.
increase in import
-
C.
increase in standard of living
-
D.
exports become cheaper
Correct Answer: Option C
Explanation
Devaluation of a currency makes imports more expensive, not cheaper, and can lead to a decrease in the standard of living as the cost of imported goods and services increases.
Report an Error
Ask A Question
Download App
Quick Questions
Contributions ({{ comment_count }})
Please wait...
Modal title
Report
Block User
{{ feedback_modal_data.title }}