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Business, 20.03.2020 12:02 justin5647

Suppose that over the past decade, U. S. inflation is less than that in Mexico. Further assume that during this same period, the dollar depreciates relative to the Mexican peso. Given this information, Group of answer choices the real exchange rate remains unchanged the real exchange rate must decrease the real exchange rate must increase. the real exchange rate can increase or remain the same, but not decrease.

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Suppose that over the past decade, U. S. inflation is less than that in Mexico. Further assume that...

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