Turkey is hoping to drive down the cost of its exports and increase the cost of its imports. Which strategy best describes one way Turkey could accomplish this?

Name: Turkey is hoping to drive down the cost of its exports and increase the cost of its imports. Which strategy best describes one way Turkey could accomplish this?
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Question

Quizplus · Accepted Answer

Devaluing its currency would make Turkey's exports cheaper for foreign buyers and imports more expensive for domestic consumers, thus achieving the desired economic effect.

Turkey Is Hoping to Drive Down the Cost of Its