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 ...
Currency devaluation is a lowering of the value of a certain country's monetary units. Countries may devalue currency if they lack...
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....
Britain did the opposite, instead raising the value of its currency; this prevented widespread currency war. In the late 1920s, however, Britain, France and the U.S. engaged in a cycle of competitive devaluation that discouraged global trade and ultimately may have contributed to the Great ...
Devaluation lowers a currency's value vs others or commodities, set by authorities. Inflation is rising prices reducing purchasing power.
Dave Johnson
A. Currency devaluation. B. Trade agreements. C. Domestic consumption. D. Resource hoarding. 相关知识点: 试题来源: 解析 B。解析:文章中明确提到“One of the common modes of international economic cooperation is through trade agreements.”,即国际经济合作的常见模式之一是通过贸易协定。反馈...
In wartime, if currency devaluation can be used to buy weapons in the international market, what does the gold country do with so much gold? Gold is gold, you can eat it, you can’t drink it. It simply can’t solve real survival needs. One story is that there are some people on ...
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...
Devaluation occurs when a country creates a downward adjustment of its currency value to balance trade. Devaluing a currency reduces the cost of a country's exports and makes imports less attractive. As exports increase and imports decrease, there is typically a better balance of payments as the ...