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PLEASE HELP AND EXPLAIN, ILL UPVOTE YOUR ANSWER IF CORRECT. Why do countries adjust their balance-of-trade? To depreciate or devalue its currency, an action that
PLEASE HELP AND EXPLAIN, ILL UPVOTE YOUR ANSWER IF CORRECT.
Why do countries adjust their balance-of-trade? To depreciate or devalue its currency, an action that makes all of its products more competitive pricewise when compared to foreign products. To bring about lower price increases, in general, than those in other countries. To bring about higher price increases, in general, than those in other countries. To depreciate or devalue its currency in order for all of its products to be less competitive price-wise when compared to foreign productsStep by Step Solution
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