TRADE, MARKETS and a desire to avoid plunging the country into a serious crisis, which could lead to further extensive unemployment and hardship were the main factors which dictated that the Tdnidad and Tnbago dollar had to be devalued. The decision to devalue also prevents the incomes of cane farmers from dropping since our sugar would have been more expensive in Britain and would be uncompetitive against sugar from Commonwealth and other countries which had devalued.