Question: Answer the following two questions: a. Under what conditions might a country devalue its currency today? b. What would be the impact on world trade

Answer the following two questions:
a. Under what conditions might a country devalue its currency today?
b. What would be the impact on world trade and investment if there were only one currency?

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a Normally countries tend to devalue its own currency to thrive among market competition Because of the advent of globalization and because of the str... View full answer

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