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Effect of increase or decrease of …

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Effect of increase or decrease of foreign exchnge rate on NY nd BOP ....plz tell me anyone who know the correct answer
  • 1 answers

Shipra Tanwar 7 years, 8 months ago

Increase in forex will increase in NY beacuse exports increasedue to depreciation of currency and vice versa..on BOP increase in forex means increase in exports it will leads to surplus bop....
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