Millionaire Mode

Effects of Exchange Rate Changes

Question 1 of 15

What is the impact of an appreciation of the domestic currency on exports?

  1. Exports become more expensive in foreign markets.
  2. Exports become cheaper in foreign markets.
  3. Exports remain unaffected.
  4. Exports increase in volume.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000