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Identify the correct reason(s) that may affect the demand for foreign exchange in an economy. Imports of visibles Exports of invisibles Remittances by residents working abroad - Economics

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Question

Identify the correct reason(s) that may affect the demand for foreign exchange in an economy.

  1. Imports of visibles
  2. Exports of invisibles
  3. Remittances by residents working abroad
  4. Purchase of assets abroad

Options

  • I and II

  • II and III

  • III and IV

  • I and IV

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Solution

I and IV

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