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apadong apadong
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6 years ago
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.
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Akshtsaklani21Akshtsaklani21
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6 years ago
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apadong Author
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#2
6 years ago
Correct Slight Smile
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