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unrendezvous unrendezvous
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8 months ago

Suppose the governments of Mexico and the United States agree to a fixed exchange rate.  Describe some of the options available to the Mexican government if the peso was persistently overvalued, creating a surplus of pesos on the foreign exchange market.  Be sure to explain how each of these options would be expected to impact the supply and/or demand for Mexican pesos.

Textbook 
Economics

Economics


Edition: 12th
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navgilnavgil
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