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06 Oct 2007, 12:47
Kudos
Bookmarks
OA is B.
We are asked to weaken the politicans arg.
Politicans recommend to weaken currency so it will increase exports.
B says that manufacturing sector is operating at peak after decades slump.
Does that mean exports are at peak and hence weak currency would not help to further increase exports? How does manu peak relate to exports or I am mising something?
We are asked to weaken the politicans arg.
Politicans recommend to weaken currency so it will increase exports.
B says that manufacturing sector is operating at peak after decades slump.
Does that mean exports are at peak and hence weak currency would not help to further increase exports? How does manu peak relate to exports or I am mising something?
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08 Oct 2007, 10:14
Kudos
Bookmarks
lnaik
I remember this one too.
B does make the most sense. If the manufactoring sector is already running at full capacity, lowering the value of the pundra will not cause the exports to increase because the level of exports is already at the max.
08 Oct 2007, 11:25
Kudos
Bookmarks
For increase in export...there ought to be increase in manufacturing as well but since the manufacturing level is already at its peak, the manufacuring industry wont be able to benifit from the decline in value of the currency. So, B it is.
Archived Topic
Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
Where to now? Join ongoing discussions on thousands of quality questions in our Verbal Questions Forum
Still interested in this question? Check out the "Best Topics" block above for a better discussion on this exact question, as well as several more related questions.
Thank you for understanding, and happy exploring!
