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    Principles of Macroeconomics
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    Exam 13: A Macroeconomic Theory of the Small Open Economy
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    Mexico Suffered from Capital Flight in 1994
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Mexico Suffered from Capital Flight in 1994

Question 138

Question 138

Multiple Choice

Mexico suffered from capital flight in 1994. What happened to Mexico's net exports?


A) They decreased.
B) They did not change.
C) They increased.
D) They decreased until the peso appreciated; then they increased.

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