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  3. b) explain at least two possible i. positive econo

b) Explain at least two possible i. Positive economic effects of devaluing the pula. ii. Negative economic...

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Economics

b) Explain at least two possible
i. Positive economic effects of devaluing the pula.
ii. Negative economic effects of devaluing the pula.
[12 marks]

Answer & Explanation Solved by verified expert
3.7 Ratings (426 Votes)
A devaluation means there is a fall in the value of a currencyDevaluation is an official lowering of the value of a countrys currency within a fixed exchangerate system in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket For instance let us suppose 5 pula 1    See Answer
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