Devaluation aims to facilitate imports (make them cheaper) and directs investments abroad. True or False? Why?

False.

It is the opposite, it is used to facilitate export. On the other hand the cost of goods imported increases.

False. De-evaluation only leads to decrease in imports and increase in exports. Inflation rates are likely to go high too. It certainly has a positive impact on the economic growth. Manufacturers may find it difficult to adhere to their quality. Wages also seem to be less attractive for foreign workers.

False, because Devaluation can facilitate to Expot only.