Which of the following statements is correct?

PYQ SSC JE (Junior Engineer) 2018

1. A.

   Devaluation leads to cheaper imports in the domestic market.

2. B.

   Devaluation leads to expensive exports to the foreign market.

3. C.

   Devaluation leads to expensive imports in the domestic market.

4. D.

   Devaluation reduces the export to the foreign markets.

Attempted by 3 students.