Teaching TN TRB Civil Mock Test General Knowledge Economy External Sector and Currency Exchange rate
Which of the following is/are the likely consequences of rising real exchange rates?
1. Increase in exports
2. Widening of the current account deficit
3. Decreases international price competitiveness
Select the correct answer using the code given below.
1
1 only
2
2 and 3 only
3
1 and 3 only
4
1, 2 and 3