As the dollar depreciates against the peso, U.S.residents tend to import more Mexican goods and thus demand more pesos.

Name: As the dollar depreciates against the peso, U.S.residents tend to import more Mexican goods and thus demand more pesos.
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As the dollar depreciates against the peso, U.S. residents would find Mexican goods more expensive, leading to a decrease in imports from Mexico and a reduced demand for pesos.

As the Dollar Depreciates Against the Peso, U