Why did some countries deliberately devalue their currencies ...

[erika]

Why did some countries deliberately devalue their currencies following the end of the gold standard?
 
  What will be an ideal response?

Question 2

According to the PLC theory of trade, most new products are produced in countries where wage rates are low.
 
  Indicate whether the statement is true or false

[jessofishing]

Answer to Question 1

By deliberately and artificially lowering the official value of its currency, each nation hoped to make its own goods cheaper in the world markets. This would stimulate exports and reduce imports.

Answer to Question 2

FALSE

[erika]

TYSM

[miss_1456@hotmail.com]

Thanks for the timely response, appreciate it