Which of the following statements is false?

CA Foundation · Business Economics · MTP · September 2026
Which of the following statements is false?
(A) A. majority of countries follow flexible exchange rate
(B) B. the term devaluation applies to fixed exchange rate
(C) C. RBI wants Indian companies to hedge their currency
(D) D. dirty float is generally followed by countries with fixed exchange regime

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. dirty float is generally followed by countries with fixed exchange regime

Topics: International Trade

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