Author Question: No currency ever appreciated or depreciated under the Bretton Woods system as it was based on a ... (Read 32 times)

newyorker26 · **on:** Jun 30, 2018

No currency ever appreciated or depreciated under the Bretton Woods system as it was based on a system of fixed exchange rates.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Suppose that the exchange rate between Mexican pesos and dollars is 8 pesos per dollar. If the exchange rate goes to 6 pesos per dollar, it would tend to:
a. increase U.S. exports to Mexico.
b. decrease U.S. exports to Mexico.
c. increase Mexican exports to the rest of the world.
d. decrease Mexican exports to the rest of the world.