Which of the following most likely results in devaluation of tenge? a. Inflow of portfolio investments from Russia to Kazakhstan O b. Decrease in oil consumption in China, major importer of oil produced in Kazakhstan C. Oc. Increase in world oil prices (oil is a major export item for Kazakhstan) d. Positive changes in perception of the investment climate in Kazakhstan e. Decrease in the supply of tenge in the foreign exchange market

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Which of the following most likely results in devaluation
of tenge?
a. Inflow of portfolio investments from Russia to
Kazakhstan
O b. Decrease in oil consumption in China, major
importer of oil produced in Kazakhstan
Increase in world oil prices (oil is a major export
item for Kazakhstan)
d. Positive changes in perception of the
investment climate in Kazakhstan
e. Decrease in the supply of tenge in the foreign
exchange market
Transcribed Image Text:Which of the following most likely results in devaluation of tenge? a. Inflow of portfolio investments from Russia to Kazakhstan O b. Decrease in oil consumption in China, major importer of oil produced in Kazakhstan Increase in world oil prices (oil is a major export item for Kazakhstan) d. Positive changes in perception of the investment climate in Kazakhstan e. Decrease in the supply of tenge in the foreign exchange market
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