Devaluation of TAKA is likely to increase ----

Devaluation of TAKA is likely to increase ---- Correct Answer Export

Devaluation of Taka is likely to increase Export. A devaluation of the exchange rate will make exports more competitive and appear cheaper to foreigners. This will increase demand for exports. A country may devaluate its currency to combat trade imbalances. Devaluation causes a country’s exports to become less expensive, making them more competitive in the global market.
Bissoy MCQ

Related Questions

The exchange rate is the ruling official rate of exchange of Taka for other currencies. It determines the value of Bangladeshi goods in relation to foreign foods. If the Taka is devalued in terms other currencies Bangladeshi exports (which are paid for in Taka ) become cheaper to foreigners and Bangladeshi imports become more expensive to holders of Taka. What conclusion can be drawn form the information above?
Devaluation of Taka is likely to increase