Question

When the rand appreciates against the dollar, it

a. appreciates against other currencies as well.
b. stimulates the exports and dampens the imports.
c. improves the balance of payments.

[1] None of the statements are correct.
[2] Only a and c
[3] Only b and c
[4] Only b
[5] Only c

Answer 1

[1] None of the statements are correct.