Problem
1. What is the difference between devaluation and depreciation of the exchange rate?
2. How could a fall in the exchange rate help an economy?
3. What does the ‘J'-curve show?
4. How can deflation help the balance of payments deficit?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.