Final answer:
Currency devaluation helps a nation avoid losing markets and regain competitiveness in world markets.
Step-by-step explanation:
The statement that currency devaluation helps a nation avoid losing markets and regain competitiveness in world markets is true.
When a country's currency is devalued, it becomes cheaper relative to other currencies. This makes the country's exports more affordable and competitive in international markets, as they are priced lower compared to goods from other countries. As a result, the country can maintain or increase its market share and regain competitiveness.
For example, if a country's currency devalues by 10%, its exports will become 10% cheaper for other countries. This can attract more buyers and help the country avoid losing markets.