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If You Travel to Mexico and the Exchange Rate Is

Question 125

True/False

If you travel to Mexico and the exchange rate is 12 pesos for one U.S.dollar,the peso is said to have strength against the dollar because you can get so many more pesos that you can dollars.
If you can get more of the currency you are trading for than you must give up of your own currency,your currency has strength against the foreign currency.

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