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    International Economics Study Set 12
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    Exam 14: Exchange Rate Adjustments and the Balance of Payments
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    The Purpose of Currency Devaluation Is to Cause the Home
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The Purpose of Currency Devaluation Is to Cause the Home

Question 128

Question 128

True/False

The purpose of currency devaluation is to cause the home country's exchange value to appreciate, thus reducing a balance of trade surplus.

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