Economy, asked by unapranatipatra, 4 months ago

depreciation of currency may boosts the exports​

Answers

Answered by MizZFaNtAsY
29

Answer:

Exports cheaper.

A devaluation of the exchange rate will make exports more competitive and appear cheaper to foreigners. This will increase demand for exports. Also, after a devaluation, UK assets become more attractive; for example, a devaluation in the Pound can make UK property appear cheaper to foreigners.

Answered by deevena84
0
Here is ur answer with a some part of definition
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