Imagine That There Are Only Two Nations in the World,the

question 100

Multiple Choice

Imagine that there are only two nations in the world,the United States and Mexico.If Americans buy more goods made in Mexico,other things constant,the:

• A)U.S.demand curve for Mexican pesos will shift rightward.
• B)U.S.demand curve for Mexican pesos will shift leftward.
• C)U.S.supply curve of Mexican pesos will shift leftward.
• D)U.S.supply curve of Mexican pesos will shift rightward.
• E)U.S.supply curve of Mexican pesos will become perfectly inelastic.

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