If inflation in Mexico is lower than it is in Canada,
A) the purchasing power of the peso in buying Mexican goods will fall relative to the Canadian dollar.
B) the value of the Canadian dollar will rise in the long run.
C) the value of the peso will rise in the long run.
D) the purchasing power of the Canadian dollar in buying Canadian goods will rise relative to the peso.
Correct Answer:
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Q135: All of the following explain why purchasing
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