March 18th, 2019 
admin(TCO E) (5 points) As the Mexican Peso depreciates in valuerelative to the U.S. dollar what happens to the price of U.S.goods in Mexico? What happens to the price of Mexican goodsin the U.S.?(5 points) Why would a country (for example China) choose to keeptheir currency relatively pegged to the U.S. dollar? If theU.S. dollar were to appreciate considerably against mostcurrencies what would be the effect on Chinese exports tocountries other than the U.S.?
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