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Other Fields Homework Help Economics Topic started by: apadong on Jun 27, 2017



Title: If the exchange rate between the United States and Mexico changes from $1 = 100 peso to $1 = 5 ...
Post by: apadong on Jun 27, 2017
If the exchange rate between the United States and Mexico changes from $1 = 100 peso to $1 = 5 pesos, ceteris paribus,
A) the trade deficit in the United States increases.
B) U.S. imports from Mexico increase.
C) Mexican exports to the United States increase.
D) U.S. exports to Mexico increase.


Title: Re: If the exchange rate between the United States and Mexico changes from $1 = 100 peso to $1 = 5 ...
Post by: Akshtsaklani21 on Jun 27, 2017
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Title: Re: If the exchange rate between the United States and Mexico changes from $1 = 100 peso to $1 = 5 ...
Post by: apadong on Aug 25, 2017
Correct :)