In 1991,Argentina decided to peg its currency (the Argentinean peso)to the U.S.dollar.Most of Argentina's trading,however,was with Brazil and Europe,not the United States.What result would pegging the Argentinean peso to the U.S.dollar have on the cost of imports from and exports to Brazil and Europe?

Question

Quizplus · Accepted Answer

The Answer of In 1991,Argentina decided to peg its currency (the Argentinean peso)to the U.S.dollar.Most of Argentina's trading,however,was with Brazil and Europe,not the United States.What result would pegging the Argentinean peso to the U.S.dollar have on the cost of imports from and exports to Brazil and Europe?

In 1991,Argentina Decided to Peg Its Currency (The Argentinean Peso)to