d) Devaluation/depreciation

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4 Terms

1
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  • the advantage of devaluing/depreciating a currency


  • an increase in demand for exports as export prices decrease


2
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  • the disadvantage of devaluing/depreciating a currency


  • an increase in import prices

  • a limited increase in competitiveness if other nations also devalue/depreciate their currency


3
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  • n/a


  • n/a


4
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  • n/a


  • n/a