If the Average Productivity of Indian Firms Is Rising More

question 68

Multiple Choice

If the average productivity of Indian firms is rising more quickly than the average productivity of Australian firms,which of the following would you expect to see? (India's currency is the rupee.)

• A) A decrease in the value of the rupee relative to the Australian dollar.
• B) An increase in the prices of Indian products.
• C) An increase in the quantity demanded of Indian products relative to Australian products.
• D) All of these options are correct.

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