________ is lowering the value of a nation's currency relative to other currencies.
A) Revaluation
B) Deflation
C) Devaluation
D) Negative valuation

Question

Quizplus · Accepted Answer

Devaluation is the process of lowering the value of a nation's currency relative to other currencies. It is usually done to make exports cheaper and more attractive to foreign buyers, thereby boosting the country's trade surpluses and stimulating economic growth.

________ Is Lowering the Value of a Nation's Currency Relative