The Main Reasons Why Governments Sometimes Chose to Devalue Their

question 10

Multiple Choice

The main reasons why governments sometimes chose to devalue their currencies is are:

• A) devaluation allows the government to fight domestic unemployment by stimulating export sector.
• B) devaluation improves the current account balance.
• C) devaluation preserves foreign reserves held by the central bank.
• D) All of the above.

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Definitions:

Primary Tumor

The original tumor where cancer first developed in the body.

Benzene

A colorless, volatile liquid hydrocarbon with a sweet odor, known to be carcinogenic, widely used as a precursor in the production of drugs, plastics, and dyes.

Chemical Carcinogen

A substance or agent that is known to cause cancer by altering the DNA within cells after exposure.