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    Exam 18: Open Economy Macroeconomics Basic Concepts: The Prices for International Transactions Real and Nominal Exchange Rates
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    When the Mexican Peso Gets "Stronger" Relative to the Dollar
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When the Mexican Peso Gets "Stronger" Relative to the Dollar

Question 51

Question 51

Multiple Choice

When the Mexican peso gets "stronger" relative to the dollar,


A) the U.S.trade deficit with Mexico rises.
B) the U.S.trade deficit with Mexico falls.
C) the U.S.trade deficit with Mexico is unchanged.
D) None of the above necessarily happens.

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