Choose the correct statement from given below ........

Choose the correct statement from given below.

Balance of Trade is a component of the capital account of Balance of Payments.

Floating exchange rate is used to stabilize the price of foreign currency.

Increase in the supply of foreign exchange results in a fall in its price

Rise in the exchange rate leads to the revaluation of the currency.

Higher is the supply of foreign exchange, lesser is the foreign exchange rate.

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