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Q17. Consider the following statements about Currency Wars: 1. A currency war refers to a situation where a number of nations seek to deliberately depreciate the value of their domestic currencies. 2. Currency wars are also known as competitive devaluations. Which of the above statements are correct? |
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Answer» Q17. Consider the following statements about Currency Wars: 1. A currency war refers to a situation where a number of nations seek to deliberately depreciate the value of their domestic currencies. 2. Currency wars are also known as competitive devaluations. Which of the above statements are correct? |
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