-Refer to the Above Diagram

question 62

Multiple Choice

-Refer to the above diagram.The initial demand for and supply of pesos are shown by D₁ and S₁.If the decline in Canadian imports from Mexico described in the previous question occurred under a system of flexible exchange rates:

• A) gold would flow from Mexico to Canada.
• B) the peso price of dollars would rise from 1/B pesos equals $1 to,1/A pesos equals $1.
• C) a problem of rationing a shortage of pesos would arise in Canada.
• D) the dollar price of pesos would increase to C dollars equals 1 peso.

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Definitions:

Compassionate Listening

The practice of listening to others with empathy and understanding, often used to build trust and resolve conflicts.

Meta-Cognitions

The ability to think about one's own thinking processes and be aware of and control them.

Communication Accommodation

The adjustment of one's communication style to match or diverge from the other person's style in an interaction to facilitate understanding or social approval.

Appropriation

involves the adoption of elements from one culture by another, often without permission or acknowledgment of the original source.