Other things equal, if the U.S. dollar decreases in value against the Mexican peso:
A) U.S. goods will look cheaper to Mexicans
B) U.S. goods will look cheaper to Mexicans.
C) U.S. goods will look more expensive to Mexicans
D) U.S. goods will look more expensive to Mexicans.
E) Mexican goods will look cheaper to Americans
F) Mexican goods will look cheaper to Americans.
G) one peso will buy fewer U.S. dollars
H) one peso will buy fewer U.S. dollars.
Correct Answer:
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