Examlex
If the nominal exchange rate and the price level fall, then the real exchange rate will fall as well.
Expensive
Describing items or services that require a high financial outlay to purchase relative to their perceived value or compared to alternatives.
Weaker Peso
Refers to a decrease in the value of the peso, the national currency of some countries, against other currencies.
US Imports
Goods or services brought into the United States from other countries for sale or use.
US Exports
US Exports describe goods, services, or commodities that are sent from the United States to other countries for sale or trade.
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