Question: b) Currency devaluation increases consumers' buying power. Do you agree or disagree with this statement? Explain. (3 marks) c) Malaysia's IRIS Corp. in March 2022

b) "Currency devaluation increases consumers' buying power." Do you agree or disagree with this statement? Explain. (3 marks)

c) Malaysia's IRIS Corp. in March 2022 signed a contract worth MYR 167.61 million with the Tanzanian National Identification Authority for the delivery of e-ldentification cards and services for Tanzanian citizens. If Tanzania imposes currency restriction, explain how this would affect IRIS and what IRIS can do to overcome this situation. . (6 marks)

Explain the questions based on the marks given. have a nice day, thank you.

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