The Following Table Shows the Number of U

question 40

Multiple Choice

The following table shows the number of U.S. dollars required to buy one Mexican peso and the number of U.S. dollars required to buy one Japanese yen between June 1, 2016, and September 1, 2016. Use this table to answer the following questions.
-Between June 1,2016,and July 1,2016,the number of U.S.goods exported to Mexico likely

• A) increased because U.S.goods became more expensive to consumers in Mexico.
• B) decreased because U.S.goods became more expensive to consumers in Mexico.
• C) increased because U.S.goods became less expensive to consumers in Mexico.
• D) decreased because U.S.goods became less expensive to consumers in Mexico.
• E) did not change because exchange rates do not affect trade.

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