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On January 1, 2008 the exchange rate between the U S dollar (S) and Indian...

On January 1, 2008 the exchange rate between the U S dollar (S) and Indian Rupee (Rs) was $t = Rs 39. 2676. On January 1, 2009 the rate was Rs 1 = $0,0205. Based only on the relative currency appreciation or depreciation, which country's exports would likely have increased?

A.

India

B.

U.S

C.

Neither India or U.S

D.

Both India and U.S

IMA CMA-Strategic-Financial-Management Summary

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  • Product: CMA-Strategic-Financial-Management
  • Update on: Jan 2, 2026
  • Questions: 124
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