Economics · Balance of Payments
Which of the following steps would be helpful in correcting an adverse Balance of Payments (BoP) situation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1None of the above
- 2Devaluation of currency✓
- 3Demonetization of currency
- 4Revaluation of currency
Correct answer
Devaluation of currency
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