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Answer to Question #257448 in Macroeconomics for Sana
Question #257448
Consider small and medium businesses of any sector of pakistan to see how devaluation of currency has affect these businesses . You can give any examples of businesses too to explain your point. Real life examples must be used
Expert's answer
Devaluation of currency makes imports expensive . The medium and small business will perish due to depreciation of currency.Retail trade.Retail will then be affected.
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