Economy, asked by kaursukhmani519, 10 months ago

how does giving incentive for export influence foreign exchange rate? explain ​

Answers

Answered by preetygirl82
1

Explanation:

The incentive for exports boots exports for the country.As A result of increase in exports the supply of foreign currency in the country increase.with the demand remeaninig the same,this result in a fall in the exchange rate implying currency appreciation.

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