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Tuesday, 21 April 2026
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The effects of devaluation includes all except _______

The effects of devaluation includes all except _______
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  • A Exports become cheaper
  • B Expansion of local industries
  • C Increase in standard of living
  • D Increase in import
Correct Answer: Option D
Explanation:
Devaluation is the reduction of the value of a country's currency in terms if the value of the currencies of other nations of the world.
There will be a decrease in inputs as citizens will be spending more in buying goods from other countries.

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