If the United States were to devalue its currency, the most likely result would be
A) an increase in foreign tourists to the United States.
B) a decrease in the number of foreign tourists to the United States.
C) a decrease in the sale of domestic goods.
D) an increase in its imports.
E) an increase in the cost of American goods abroad.

Question

Quizplus · Accepted Answer

Devaluation decreases the value of currency in relation to other currencies. Devaluation encourages the sale of domestic goods and tourism.

If the United States Were to Devalue Its Currency, the Most