A depreciation of a country's currency always lowers the domestic firm's profits.

Name: A depreciation of a country's currency always lowers the domestic firm's profits.
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While a depreciation of a country's currency can make imports more expensive and make it more difficult for domestic firms to obtain certain raw materials, it can also make exports cheaper and more competitive, potentially increasing a domestic firm's profits.

A Depreciation of a Country's Currency Always Lowers the Domestic