Maintaining the stable value of a currency C. Decrease in the value of a currency D. Eliminating the use of a currency 相关知识点: 试题来源: 解析 C。解析:“currency devaluation”指的是货币贬值,即货币价值降低。不是货币增值、保持稳定价值或消除货币使用。反馈 收藏 ...
What is a currency devaluation? What does it mean if a country seeks to devalue their currency? What are the implications of a currency devaluation?A currency devaluation occurs when a country allows the value of its currency to drop in relation to other currencies....
Definition:Inflation is the devaluation of a currency marked by a sustained trend of rising prices in the economy. In other words, the value of each dollar is less, which causes the general price of goods to increase. This is typically caused by an increase in the money supply relative to...
D.The loss caused by currency devaluation. 免费查看参考答案及解析 题目: What does "enterprise" in the last paragraph refer to A.The course of an action B.A firm or a company C.The exploration of something D.A spirit of working hard 免费查看参考答案及解析 题目: What does "...
Here are the steps to differentiate revaluation from devaluation:Revaluation: Occurs when a country strengthens the value of its currency in comparison to other currencies. Effects: Increases the purchasing power of the country’s citizens, making imports cheaper and exports more expensive. Causes: ...
I lived in Indonesia in 1998 and witnessed firsthand the effects of currency devaluation. Many of the businesses in Indonesia were owned by Chinese businessmen. As a result of the corruption in the country, with one stroke of the pen many of these businessmen pulled out from Indonesia, taking...
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Devaluation lowers a currency's value vs others or commodities, set by authorities. Inflation is rising prices reducing purchasing power.
What Does Devaluation Mean? The term devaluation refers to the reduction in value of a currency relative to other currencies. Countries often devalue their currencies deliberately as a form of monetary policy. This makes their currencies cheaper, which can help make them more competitive in the glo...
How Does Devaluation Affect International Trade? Devaluation causes a shift in international trade, changing the balance of trade in favor of the devaluing country. Revising how much one currency is worth relative to another means the relative cost of goods from each country also changes. ...