Economy, asked by kanikamandial31, 11 months ago

Does a devaluation help the economy?

Answers

Answered by Jerrryyy
3

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A devaluation (depreciation) occurs when the exchange rate falls in value. This causes exports to be cheaper and imports to be more expensive. In theory, it can help increase economic growth, though it may cause inflation.

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Answered by muskan5425
0

Answer:

can be used by countries to achieve the economy policy. having a weeker currency

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