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Title: Suppose the exchange rate between the United States and Mexico changed from $1 =120 pesos to $1 = 10 Post by: NYC on Jan 13, 2016 Suppose the exchange rate between the United States and Mexico changed from $1 =120 pesos to $1 = 100 pesos, which of the following statements is true?
A) the peso depreciated B) the dollar appreciated C) the price of peso in dollars decreased D) all of the above Title: Re: Suppose the exchange rate between the United States and Mexico changed from $1 =120 pesos to $1 Post by: Jesslyn on Jan 14, 2016 Content hidden
Title: Re: Suppose the exchange rate between the United States and Mexico changed from $1 =120 pesos to $1 = 10 Post by: NYC on Jan 28, 2016 Perfect answer, thank you
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