Solved: What are the impacts of currency devaluation, Microeconomics

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What are the impacts of currency devaluation

Questions:

1.What are the impacts of currency devaluation and revaluation on international trade?

2.What are the factors that increase and decrease the demand for a foreign currency?

3.What is the difference between pegged currency (fixed exchange rate) and floating exchanged? What are their pros and cons of the two forms of the exchange rates?

4.What is currency war? How does it affect trade between countries?

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Microeconomics: What are the impacts of currency devaluation

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Microeconomics: What are the impacts of currency devaluation

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