see attached and respond with a suitable explanation
OA: D
RC question - need help
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hi,
If movement of capital is restricted then the direct impact is that currencies can be kept easily undervalued. But this is not in any one of the answers. Looking a bit further in the passage we find that developing countries raised the productivity but kept the wages low. Thus the wages were low and currencies undervalues the result is answer D
If movement of capital is restricted then the direct impact is that currencies can be kept easily undervalued. But this is not in any one of the answers. Looking a bit further in the passage we find that developing countries raised the productivity but kept the wages low. Thus the wages were low and currencies undervalues the result is answer D