The likely implication of the devaluation of a country's currency is that
ECONOMICS
WAEC 2014
The likely implication of the devaluation of a country's currency is that
- A. exports of such a country become cheaper
- B. importation of goods into such a country becomes cheaper
- C. the value of such a country's currency rises
- D. foreign goods are attracted into the country
Correct Answer: A. exports of such a country become cheaper
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