Answer:
E. Mexican products would be more expensive, while U.S.-made products would become comparatively less expensive.
Explanation:
Imagine the following scenario:
- USD: united states dollar
- There is no cost in shipping or transport
if the fixed relation is 2 MXN = 1 USD. Say you want to buy a TV that costs 200MXN in Mexico or 100USD in the US. That means that buying a TV costs the same in each country.
Now suppose that the TV price in Mexico, due to inflation, changes to MXN 300.
If you had 300MXN in your wallet, you could:
- use MXN 200 to buy 100USD and use those to buy the TV, and have MXN 100 left, to buy other stuff.
- or
- you could buy the TV in Mexico, you would expend all the money.
That mean that, with the same amount of MXN you can buy more things in the US than in Mexico.
Another way to think about this is.
Say you are a mexican, if there is high inflation, the price of everything will rise, if you considder the exchange rate as another price that means that everything will cost more, except the US Dollar, which will stay in the same price
Answer:
Minerals are a principle source of income for many developing countries, including many in southern Africa. At first glance, mineral-rich economies have an advantage over those less well endowed because minerals provide funds for rapid development and poverty reduction.
Answer:
President Trump, Bill Clinton, Richard Nixon, and Andrew Johnson
Explanation:
<span>Actually its surely erhard’s parents who will really feel the guilt, the main reason being, ie, in life always first impression is very very important it may for anything, which sits in childs or persons mind and heart very strongly, it may be good things or it may be bad things, Hence because of the above erhard wil compare himself with others, which will have some negative influence on his life.</span>
Canals were needed for the Industrial Revolution which was creating huge amounts of heavy produce which had to be moved. ... Canals were the answer to moving heavy objects large distances. Canals were man-made rivers which were deep enough to cope with barges which were capable of moving nearly forty tonnes of weight.
Explanation:
Canals are built for a variety of uses including irrigation, land drainage, urban water supply, hydroelectric power generation, and transportation of cargo and people. ... To conserve water and to facilitate two-way travel, canals are built level.
