Title: Suppose that the current exchange rate between the dollar and peso is $1 equals 10 pesos. If the ... Post by: mrive3127 on Mar 2, 2019 Question 1. All of the following are deficit items in the balance of payments accounts EXCEPT• U.S. residents purchases of gold from foreign residents. • exports of merchandise. • U.S. tourists spending funds in Europe. • U.S. purchases of foreign companies' stocks and bonds. Question 2. Suppose that the current exchange rate between the dollar and peso is $1 equals 10 pesos. If the exchange rate changes to $1 equals 8 pesos, which of the following is TRUE?• The peso appreciates and imports from Mexico become cheaper. • The peso depreciates and imports from Mexico become cheaper. • The dollar appreciates and U.S. exports become cheaper. • The dollar depreciates and U.S. exports become cheaper. Title: Suppose that the current exchange rate between the dollar and peso is $1 equals 10 pesos. If the ... Post by: Andreasnlnvld on Mar 2, 2019 Content hidden
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