The United States and Mexico have significant trade with each other. Which of the following is true?
A) Mexican prices increase ⇒ Mexican exports decrease ⇒ U.S. prices decrease
B) Mexican prices increase ⇒ Mexican exports increase ⇒ U.S. prices increase
C) Mexican prices decrease ⇒ Mexican exports increase ⇒ U.S. prices decrease
D) Mexican prices decrease ⇒ Mexican exports decrease ⇒ U.S. prices increase
Correct Answer:
Verified
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