The major reason a country might choose to devalue its currency is to encourage exports.
Devaluation refers to the downward movement in the value of the country's currency. The government that issues the currency has the power to devalue its currency.
Devaluating the currency reduces the cost of a country's exports and reduces trade deficits. For encouraging exports, a country chooses to devalue the currency.
Therefore, B is the correct option.
Learn more about Devaluation here:
https://brainly.com/question/15293218
