Why might a country choose to devalue its currency?

to its trading partners
to encourage exports
to encourage imports
to reduce taxes

The correct answers is: "to encourage exports"

When a country devaluates its currency against another, the products from that country will become cheaper for consumers who pay in the other currency. It is a mechanism which is used to make national products more attractive abroad, so that producers in the country are able to serve a higher amount of consumers from foreign markets (and not limit themselves to the national demand).

B) to encourage exports

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