______ describes a drop in a currency's value relative to other currencies or to a fixed standard.

A) Exporting
B) Importing
C) Devaluation
D) Countertrade

Devaluation

The reduction of the value of a country's currency relative to other currencies, often by the government's decision, affecting international trade and economic balance.

Currency's Value

The worth of a country's currency in terms of the amount of goods or services that one unit of the currency can buy.

Fixed Standard

Refers to a set benchmark or criterion that remains constant over time and is used for comparison or evaluation purposes.