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(a) How does giving incentives for exports influence Foreign Exchange Rate? Explain diagrammatically. (b) How are the following transactions recorded in the balance of payment accounts? Give reasons. (i) Foreign investment from abroad (ii) Sale of machinery to abroad |
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Answer» (a) How does giving incentives for exports influence Foreign Exchange Rate? Explain diagrammatically. (b) How are the following transactions recorded in the balance of payment accounts? Give reasons. (i) Foreign investment from abroad (ii) Sale of machinery to abroad |
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