Rumors that lax standards have made Mexican food products unsafe would cause the peso to depreciate against other currencies.

Question

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Rumors about lax standards making Mexican food products unsafe could lead to a decrease in demand for these products internationally. This would potentially reduce Mexico's export earnings, leading to a negative impact on the country's trade balance and causing the peso to depreciate against other currencies due to decreased confidence in Mexico's economy and its products.

Rumors That Lax Standards Have Made Mexican Food Products Unsafe