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Devaluation of the naira as a condition for the international Monetary Fund ...

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Devaluation of the naira as a condition for the international Monetary Fund 'loan' is considered inadvisable because?

A. it would allowed for more money to be spent on luxuries
B. the interest rate on the loan will increase
C. it would decrease the demand for Nigeria's exports
D. it would worsen Nigeria foreign exchange situation
E. Nigerias oil would sell less in the world market




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