What will be the result of a change in exchange rates if fewer Mexican pesos are needed to buy a Canadian dollar?
A) Canadians will buy more Mexican goods and services.
B) Mexicans will buy fewer Canadian goods and services.
C) Canadians will buy fewer Mexican goods and services.
D) Mexicans will buy more Mexican goods.
Correct Answer:
Verified
Q90: What is the long-term result of a
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A)Inflows
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