The Following Questions are linked to this scenario: A small manufacturer of consumer food products seeks to increase its international sales. The firm's marketing manager has been assigned by the firm's president to examine the economic environment of several regions, with particular emphasis on currency devaluations.
-In general, currency devaluations are LEAST likely to occur in what type of country?

Question

Quizplus · Accepted Answer

Industrialized countries are generally more economically stable and have stronger financial systems, which makes currency devaluations less likely compared to underdeveloped, developing, or less-developed countries.

The Following Questions Are Linked to This Scenario: a Small