Which of the following is a source of de

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Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Open Economy Macro Economics

Question:

Which of the following is a source of demand for foreign exchange?

Options:

Export of goods and services

Repayment of interest and loans

Both 1 and 2

Neither 1 nor 2

Correct Answer:

Repayment of interest and loans

Explanation:

Sources of demand for foreign exchange include: