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Economics A Level (DONEEEEEEE)
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Pregunta:
What is the Difference between Devaluation and Depreciation?
Autor: eric_galvaoRespuesta:
-Devaluation refers to a Deliberate Downward Adjustment of a Currency's Fixed Exchange Rate by Governments or Monetary Authorities -Depreciation refers to a Market-Driven Decrease, or Indirect Government Action, of the value of a Currency in a Floating Exchange Rate
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eric_galvao