After a Devaluation, All Other Things Equal, Probably Exports Will

question 383

True/False

After a devaluation, all other things equal, probably exports will increase and imports will decrease.

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Definitions:

Crowdsourcing

The practice of obtaining information, ideas, or content by soliciting contributions from a large group of people, especially from an online community.

Outsourcing

The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees.

MOOCs

Massive Open Online Courses, which are free online courses available for anyone to enroll and provide a way to learn new skills or enhance knowledge.

Democratizing

The process of making something accessible to all people, often used in the context of technology or information, making it available and understandable to the general public.