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Discussion :


69. 
International Economics
MOCK 5

Consider the following regarding Full Capital Account Convertibility.
1. It may lead to downfall of domestic companies
2. It will lead increased phenomenon of HOT money.
3. Fiscal deficit will increase
4. Decrease in cost of capital
Select the correct code

A. 1, 2, 3 and 4
B. 1, 2 and 4
C. 3 and 4
D. 2, 3 and 4

Answer: Option B