The Purpose of Currency Devaluation Is to Cause the Home

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.

---

Definitions:

Unconditional Positive Regard

The acceptance and support of a person regardless of what the individual says or does, especially in the context of client-centered therapy.

Lifestyle

The way in which a person or group lives, encompassing behaviors, attitudes, and values.

Restraint

A measure or condition that keeps someone or something under control or within limits.

Genuineness

The quality of being open, honest, and sincere in one's interactions with others.