What is the main objective of currency devaluation?

What is the main objective of the devaluation of currency?

A

To increase import

B

To increase export

C

To increase purchasing capacity

D

To increase money supply

A devaluation of currency is expected to :

A

increase export

B

decrease export

C

increase import

D

have no impact on export and import

A devaluation of currency is expected to:

A

increase export

B

decrease export

C

increase import

D

have no impact on export and import

Devaluation of a currency means

A

fall in exchange value of a country by market forces

B

reduction in external value/exchange value of currency by the government

C

reduction in currency value due to wear and tear

D

all of the above

Devaluation of currency will be more beneficial if

A

prices of domestic goods remain constant

B

prices of exports remain constant

C

prices of imports remains constant

D

prices of exports rise proportionately

Devaluation of currency leads to

A

fall in domestic prices

B

increase in domestic prices

C

no impact on domestic prices

D

erratic fluctuations in domestic prices

Devaluation of currency is likely to increase-

A

Import

B

Duty

C

Tariff

D

Export

Devaluation of Taka is likely to increase

A

export

B

import

C

trade

D

tax

Devaluation of taka in Bangladesh is likely to increase which of the following?

A

Export

B

Import

C

Trade

D

Tax

Devaluation of money results in an increase in which of the following?

A

Export

B

Import

C

Money supply

D

Profit

What is the main objective of currency devaluation?

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