(a) Balance of payment always balances. Explain. (b) When the supply o – InterviewSolution

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1.

(a) Balance of payment always balances. Explain. (b) When the supply of foreign currency rises, the price of foreign currency falls. Justify the statement.

Answer»

(a) Balance of payment always balances. Explain.

(b) When the supply of foreign currency rises, the price of foreign currency falls. Justify the statement.

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