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a) Flase
In terms of trasing volume it is by far the largest market in the world
b) True
As home currency weakens, one has to pay more units of home currency to buy one unit of
foreign currency, hence making import costlier
Solution
a) Flase
In terms of trasing volume it is by far the largest market in the world
b) True
As home currency weakens, one has to pay more units of home currency to buy one unit of
foreign currency, hence making import costlier

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  • 1. a) Flase In terms of trasing volume it is by far the largest market in the world b) True As home currency weakens, one has to pay more units of home currency to buy one unit of foreign currency, hence making import costlier Solution a) Flase In terms of trasing volume it is by far the largest market in the world b) True As home currency weakens, one has to pay more units of home currency to buy one unit of foreign currency, hence making import costlier