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    Exam 2: The Determination of Exchange Rates
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    During the 1994 Peso Problem,Mexico Made a Fundamental Error by Not
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During the 1994 Peso Problem,Mexico Made a Fundamental Error by Not

Question 27

Question 27

Multiple Choice

During the 1994 peso problem,Mexico made a fundamental error by not allowing the ________ of pesos to fall.


A) demand
B) supply
C) devaluation
D) real exchange rate

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