{"id":21402,"date":"2024-04-15T06:05:44","date_gmt":"2024-04-15T06:05:44","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=21402"},"modified":"2024-04-15T06:05:44","modified_gmt":"2024-04-15T06:05:44","slug":"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-prop","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/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-prop\/","title":{"rendered":"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"},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a9821116ab02\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"false\">\r\n                    prices of domestic goods remain constant                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"false\">\r\n                    prices of exports remain constant                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"false\">\r\n                    prices of imports remains constant                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"true\">\r\n                    prices of exports rise proportionately                <\/div>\r\n                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is: D. prices of exports rise <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> proportionately.<\/p>\n<p>Devaluation of currency is a decrease in the value of a currency relative to other currencies. This can happen for a number of reasons, such as inflation, a decrease in demand for the currency, or an increase in supply of the currency.<\/p>\n<p>When a currency is devalued, it makes exports more competitive in international markets. This is because the price of exports in foreign currency terms decreases. This can lead to an increase in <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> demand for exports and an increase in exports.<\/p>\n<p>In addition, devaluation can make imports more expensive. This is because the price of imports in domestic currency terms increases. This can lead to a decrease in demand for imports and a decrease in imports.<\/p>\n<p>Overall, devaluation can lead to an increase in exports and a decrease in imports. This can improve a country&#8217;s trade balance and boost economic growth.<\/p>\n<p>Here is a brief explanation of each option:<\/p>\n<ul>\n<li>Option A: prices of domestic goods remain constant. This would not be beneficial for a country because it would mean that the country&#8217;s exports would become more expensive in foreign currency terms. This would lead to a decrease in demand for exports and a decrease in exports.<\/li>\n<li>Option B: prices of exports remain constant. This would be beneficial for a country because it would mean that the country&#8217;s exports would become more competitive in international markets. This would lead to an increase in demand for exports and an increase in exports.<\/li>\n<li>Option C: prices of imports remain constant. This would not be beneficial for a country because it would mean that the country&#8217;s imports would become cheaper in domestic currency terms. This would lead to an increase in demand for imports and an increase in imports.<\/li>\n<li>Option D: prices of exports rise proportionately. This would be beneficial for a country because it would mean that the country&#8217;s exports would become more competitive in international markets. This would lead to an increase in demand for exports and an increase in exports.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Subscribe on YouTube<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[207],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>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<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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