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    Exam 20: Exchange Rates, Balance of Payments, and International Debt
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    An Increase in Mexican Incomes Will Have What Effect on the Foreign
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An Increase in Mexican Incomes Will Have What Effect on the Foreign

Question 24

Question 24

Multiple Choice

An increase in Mexican incomes will have what effect on the foreign exchange market for Mexican pesos?


A) shift demand to the left
B) shift demand to the right
C) no effect
D) shift supply to the left
E) shift supply to the right

Correct Answer:

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