Possible Results:
hubiera devaluado
-I had devalued
Past perfect subjunctive yo conjugation of devaluar.
hubiera devaluado
-he/she/you had devalued
Past perfect subjunctive él/ella/usted conjugation of devaluar.

devaluar

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En cambio, si el won coreano se hubiera devaluado, el exportador no se enfrentaría a un problema de dumping.
On the other hand, if the value of the Korean won had devalued, the exporter would not have faced a dumping problem.
Supongamos que, en lugar de la apreciación examinada en el precedente ejemplo, el won coreano se hubiera devaluado, llegándose a un tipo de cambio de 1.200 won por dólar.
Suppose that, instead of the appreciation discussed in the foregoing example, the Korean won had been devalued, resulting in an exchange rate of 1,200 won per dollar.
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