Question

Japan was able to prevent slipping into the mirror of the Great Depression by the Valle de valuing its currency how did this act help the nation survive nearly unscaved

Answer 1

Japan’s act of devaluing their currency helped their nation survive and nearly unscathed during the Great Depression by making exports less expensive in the world market. This made their products more competitive and be easily sellable to foreign markets, drawing away money from other countries with more expensive goods.