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Author Question: If the exchange rate between the United States and Mexico changes from $1 = 100 pesos to $1 = 5 ... (Read 22 times)

cookcarl

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on: Apr 19, 2019

Question 1

If the exchange rate between the United States and Japan changes from $1 = 100 yen to $1 = 110 yen, then, 
ceteris paribus, the price of American goods in Japan


◦ could either increase or decrease.
◦ will decrease.
◦ will remain the same.
◦ will increase.

Question 2

If the exchange rate between the United States and Mexico changes from $1 = 100 pesos to $1 = 5 pesos, 
ceteris paribus


◦ U.S. imports from Mexico increase.
◦ Mexican exports to the United States increase.
◦ U.S. exports to Mexico increase.
◦ the trade deficit in the United States increases.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by cookcarl on Apr 19, 2019

sierrahalpin

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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cookcarl

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

sultansheikh

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Reply 3 on: Yesterday
Wow, this really help

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