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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 product in the international market may fall due to devaluation.
Code
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- Both (A) and (R) are true and R is the correct explanation of (A)
- Both (A) and (R) true but (R) is not a correct explanation of (A)
- (A) is true but (R) is false
- (A) is false but (R) is true
Correct Option: B
N/A
