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Author Question: If the dollar appreciates against the Mexican peso, A) U.S. exports to Mexico become less ... (Read 55 times)

Collmarie

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on: Jun 29, 2018
If the dollar appreciates against the Mexican peso,
 
  A) U.S. exports to Mexico become less expensive.
  B) U.S. exports to Mexico become more expensive.
  C) Mexican imports to the U.S. become more expensive.
  D) The value of Mexican imports to the United States does not change.

Question 2

Refer to Scenario 3 . What would have to occur for three huts to be produced along with 100 coconuts?
 
  What will be an ideal response?


raenoj

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

Some form of economic growth or technological improvement would have to occur.


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