It is a near-unquestioned assumption of mainstream economic thought, that if a currency is devalued, the country suffering from the devaluation sees some benefits - namely that the export sector will see an improvement.
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Does Currency Devaluation Really Improve the…
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It is a near-unquestioned assumption of mainstream economic thought, that if a currency is devalued, the country suffering from the devaluation sees some benefits - namely that the export sector will see an improvement.