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  • 14-03-2024
  • Business
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In what scenario would Mexico's imports from other countries become cheaper?
a) When the exchange rate of pesos per dollar is set above the equilibrium rate
b) When the exchange rate of pesos per dollar is below the equilibrium rate
c) When the exchange rate of pesos per dollar equals the equilibrium rate
d) When there is no change in the exchange rate of pesos per dollar

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