As a Policy Instrument,currency Devaluation May Be Controversial Since It

question 6

Multiple Choice

As a policy instrument,currency devaluation may be controversial since it:

• A) Imposes hardships on the exporters of foreign countries
• B) Imposes hardships on exporters of the devaluing country
• C) Is generally followed by unemployment in the devaluing country
• D) Is generally followed by price deflation in the devaluing country

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Definitions:

Small Intestine

A part of the digestive system where most of the digestion and absorption of nutrients occurs.

CVA

Cerebrovascular Accident, commonly known as a stroke, occurs when blood flow to a part of the brain is suddenly interrupted or reduced.

Thermoreceptors

Specialized sensory nerve cells that detect changes in temperature and are responsible for sensations of hot and cold.