Question: REWRITE the question in your response. 1. What effect does devaluation have on a nations currency? Can you think of a country that has de-valuated

REWRITE the question in your response.

1. What effect does devaluation have on a nations currency? Can you think of a country that has de-valuated or re-valuated its currency? What have been the results?

2. What effect does a countrys economic development have on international business?

3. What is an import tariff? A quota? Dumping? How might a country use import tariffs and quotas to control its balance of trade and payments? Why can dumping result in the imposition of tariffs and quotas?

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