What effect the devaluation of nation currency have on firm

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Question: 1. The United States restricts imports but, at the same time, supports the WTO and international banks whose objective is to enhance world trade. As a member of Congress, how would you justify this contradiction to your constituents?

2. What effects might the devaluation of a nation's currency have on its business firms? On its consumers? On the debts it owes to other nations?

Reference no: EM131461631

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