Advantage
increases supply of exports in response to higher demand without increasing the price. Since currency is devalued and difference between currency value of country where supplies are exported and currency of import country are fairly large. Hence supply will fetch more money to country
Disadvantage
In case of import of inelastic demands, importer, having currency devalued, has to pay more money to foreigners. Hence discourage inflow of goods and services to country.
Prateek Caire
A country causing a devaluation of its currency can lead to an increase in exports.
Disadvantages of currency appreciation is makes the exports of the domestic economy less competitive in the world markets
Devaluation
the stoppage of consumer
A Currency Devaluation
A country causing a devaluation of its currency can lead to an increase in exports.
Disadvantages of currency appreciation is makes the exports of the domestic economy less competitive in the world markets
The definition of devaluation of Indian currency is the loss of the value of the currency. This is a an adjustment of the country's currency value downwards compared to other major currencies in the world.
Devaluation
the stoppage of consumer
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A Currency Devaluation
Devaluation and depreciation are often interchangeable, although there is a subtle difference. Devaluation refers to changing the value of a currency in a fixed exchange rate, while depreciation is decreasing the value in a floating exchange rate.
Devaluation makes ac country's exports relatively less expensive for foreigners and secondly it makes foreign products relatively more expensive for domestic consumers,discouraging imports. As a result, this may help to reduce a country's trade deficit.
It is easy to print, easy to transport, divisibility is also easy and has intrinsic value. The disadvantage is that it does not have back up value and also subject to inflation and devaluation
No. Devaluation is applied to an object which has a measurable value (such as currency). You could use the words decay, collapse or disintegration to refer to society.
Peter Holmes has written: 'Industrial pricing behaviour and devaluation' -- subject(s): Commerce, Devaluation of currency, Pricing