The main reason(s) why governments sometimes chose to devalue their currencies is (are):

Related MCQs

• Under a fixed exchange rate system, ____________________are official changes in the value of a country's currency relative to other currencies.
• If the value of the pound in other currencies is strong, then other things being equal:
• If the value of the pound in terms of other currencies rises:
• Governments around the world tend to auction quota licenses
• International trade in goods and services is sometimes used as a substitute for all of the following except:
• Arguments for free trade are sometimes disregarded by politicians because:
• Which of the following EU countries are sometimes referred to as the PIGS countries?
• Why do some people argue against free international trade?
• A primary reason why nations conduct international trade is because:
• A main advantage of specialization results from: