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Q8 Ch 21 (10%) What would be the effect of a devaluation on a countrys imports and exports? If a country imports most of the

Q8 Ch 21 (10%) What would be the effect of a devaluation on a countrys imports and exports? If a country imports most of the goods included in the basket of goods and services used to calculate the CPI, what do you think the effect will be on this countrys inflation rate?

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