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There were massive devaluations of several currencies.有幾種貨幣大幅貶值。Currency devaluations are the moment when protectionism gets nasty.保護主義最嚴重的癥狀就是貨幣貶值.That way lies competitive devaluations and trade wars.這條道路的前方埋藏著競爭性貶值和貿易...