The answer is D.10-20 seconds
Answer:
Business activities may broadly be classified into two categories namely (A) Industry and (B) Commerce. Industry involves production of goods and services whereas commerce is concerned with the distribution of goods and services.
Explanation:
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Answer:
Devalue its currency
Explanation:
Exchange Rate is the conversion rate of domestic & foreign currency.
Eg $1 = _ € .
Devaluation means deliberate fall in value of domestic currency in terms of foreign currency (increase in foreign exchange rate) , under fixed exchange rate by government.
Eg : $1 = 5€ - change to - $1 = 7€ . This implies dollar can purchase less amount of euro , and has depreciated.
However , this would also lead to reduce the cost of its exports in foreign (here European market) , because US $ has become cheaper in terms of their currency & hence so have been their goods.
Answer:
1st One I Think I'm Not Too Sure =)
Explanation: