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    Exam 18: Macroeconomic Policy in the World Economy
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    When a Country's Currency Is Devalued
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When a Country's Currency Is Devalued

Question 11

Question 11

Multiple Choice

When a country's currency is devalued,


A) its export industries benefit.
B) its import industries benefit.
C) tight conditions can arise within its trading partners' labor markets.
D) it is a sign of strength for the home government.
E) none of the above.

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