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Author Question: What is the difference between a devaluation and a revaluation of a currency? What will be an ... (Read 46 times)

CQXA

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on: Jun 29, 2018
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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Reply #1 on: Jun 29, 2018
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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Reply #2 on: Jun 29, 2018
Correct answers!


jojobee318

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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