If Mexico wants to fix the peso to the U.S. dollar, in the short run, Mexico's monetary policy must differ from U.S. monetary policy.

Name: If Mexico wants to fix the peso to the U.S. dollar, in the short run, Mexico's monetary policy must differ from U.S. monetary policy.
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When a country fixes its currency to another, it essentially imports the monetary policy of the country to which it is pegged, meaning Mexico would align its monetary policy with that of the U.S. to maintain the fixed exchange rate.

If Mexico Wants to Fix the Peso to the U