If the Exchange Rate Between the U

Multiple Choice

If the exchange rate between the U.S. dollar and the Mexican peso went from $1 US = 9 peso to $1 US = 10 peso, then

A) American goods have become less expensive for Mexicans.
B) Mexican goods have become more expensive for Americans.
C) American goods have become more expensive for Mexicans.
D) American exports to Mexico are likely to increase.