Holding Everything Else Constant, If the U

question 445

Multiple Choice

Holding everything else constant, if the U.S. dollar falls against the Mexican peso:

• A)U.S. goods will look cheaper to Mexico.
• B)U.S. goods will look more expensive to Mexico.
• C)Mexico's goods will look cheaper to the United States.
• D)one peso buys fewer U.S. dollars.