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Text File  |  1992-09-03  |  275b  |  8 lines
  1. In economics, a graphic illustration of the
  2. likely effect of a currency devaluation on
  3. the balance of payments. Initially, there
  4. will be a deterioration as import prices
  5. increase and export prices decline, followed
  6. by a decline in import volume and upsurge of
  7. export volume.
  8.