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Volley theory proposed that:
Mexican Pesos
The currency of Mexico, represented by the symbol $ or MX$ to differentiate it from other dollar-denominated currencies.
Appreciated
An increase in the value of an asset over time, often used in the context of currency, real estate, or financial investments.
Current Account
The component of a country's balance of payments that records the value of exports and imports of goods and services, as well as international transfers of capital.
Capital Account
It reflects the net change in assets and liabilities from transactions in foreign investments and loans, indicating a country's financial position with the rest of the world.
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