If you own British pounds and the American dollar is devalued,that implies American goods will be cheaper.

Question

Quizplus · Accepted Answer

If the American dollar is devalued, it means that it will take more American dollars to buy the same amount of goods or services. This makes American goods cheaper relative to the British pound, so if you own British pounds, you would be able to buy more American goods with them than you would have before.

If You Own British Pounds and the American Dollar Is