Government takes measures to restrict autonomous imports of gold.explain the value desired to achieve from this
Dear student,
Government takes measures to restrict autonomous imports of gold the economic values it desired to achieve are:
1) It lead to decline in demand of foreign currency.
2) It will lead to fall in exchange rates.
3) It will lead to appreciation of domestic currency.
Regards
Government takes measures to restrict autonomous imports of gold the economic values it desired to achieve are:
1) It lead to decline in demand of foreign currency.
2) It will lead to fall in exchange rates.
3) It will lead to appreciation of domestic currency.
Regards