Consider the following statements and select the correct ans

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M: +2.00/-0.33

Consider the following statements and select the correct answer from the code given below :

Assertion (A) : Devaluation of a currency may promote export.

Reason (R) : Price of the country's products in the international market may fall due to devaluation.

I.A.S. (Pre) 1999 U.P.U.D.A./L.D.A. (Pre) 2001

[External Sector - Trade, FDI, Debt]

Both A and R are true and R is the correct explanation of A

Both A and R are true, but R is not a correct explanation of A

A is true, but R is false

A is false, but R is true

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