Internal Devaluation and External Devaluation I A Level and IB Economics

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http://youtube.com/watch?v=3uw64pl52hI

This short revision video explores the important difference between an internal devaluation within a country and an external devaluation of a nation's currency. There are risks associated with each even though the main aims - improved cost and price competitiveness and a stronger trade performance remain similar. • #aqaeconomics #ibeconomics #edexceleconomics

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