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Author Question: What is the difference between a devaluation and a revaluation of a currency? What will be an ... (Read 102 times)

CQXA

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What is the difference between a devaluation and a revaluation of a currency?
 
  What will be an ideal response?

Question 2

What is price discrimination?
 
  What will be an ideal response?



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jojobee318

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Answer to Question 1

A devaluation is a reduction in a fixed exchange rate and a revaluation is an increase in a fixed exchange rate.

Answer to Question 2

Price discrimination is selling the same product to different consumers or groups of consumers at different prices where there are no cost differentials.



CQXA

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jojobee318

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