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Artificially Devalued Currencies Have What Effect on National Economies

Question 17

Multiple Choice

Artificially devalued currencies have what effect on national economies?


A) The number of imports into that country increases.
B) The number of exports from that country increases.
C) The value of savings generally increases for people in the society.
D) Foreign competitors gain an unfair advantage versus domestic firms.
E) The growth of the economy tends to slow down.

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