If the Exchange Rate Between the U

question 106

Multiple Choice

If the exchange rate between the U.S. dollar and the Mexican peso went from $1 US = 9 peso to $1 US = 10 peso, then

• A) American goods have become less expensive for Mexicans.
• B) Mexican goods have become more expensive for Americans.
• C) American goods have become more expensive for Mexicans.
• D) American exports to Mexico are likely to increase.

---

Definitions:

Paid Holidays

Employer-provided days off with pay, typically for national holidays, as part of an employee's benefits package.

Personal Use Days

Days off given to employees to handle personal matters or for general leisure, separate from traditional sick or vacation leave.

Employee Assistance Programs (EAPs)

Services provided by employers to help workers cope with a wide variety of problems that interfere with the way they perform their jobs.

Relocation Costs

Expenses associated with moving employees from one location to another for work purposes, including travel, housing, and moving fees.