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Class 12 Business Studies Business Environment Dimensions of business environmentHard

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Cost of an imported machine rose due to sharp change in foreign exchange rate. This is the effect of which dimension?

Answer and explanation

Correct answer: Economic dimension

Exchange rate is part of economic environment. In exams place exchange rate under economic dimension.

Related tags

Economic Dimension Exchange Rate Import Cost Dimensions Of Business Environment Business Environment Business Studies Class 12 Mcq

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