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What is marshal learner condition regarding devaluation of currency?

Currency International Economics Economics Finance
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Question added by Amjed Mehboob , G.M -(Currently Job Seeking ) , Advance Education centre
Date Posted: 2016/04/04
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lobna ahmed
by lobna ahmed , Secretary , Alexandria University

Economic effect of a devaluation of the currency

. Exports cheaper. A devaluation of the exchange rate will make exports more competitive and appear cheaper to foreigners. This will increase demand for exports

2. Imports more expensive. A devaluation means imports will become more expensive. This will reduce demand for imports.

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