This affect the United States or Mexico through options B and D: US exporters would see an increase in demand in Mexico for their goods and consumers in the United States would be able to purchase more goods from Mexico for their money.
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How would this affect the United States or Mexico?</h3>
Value of the Mexican peso depreciates relative to the US dollar. This will make Mexican goods cheaper to the US residents because now they've to pay less USD to buy 1 unit of Mexican peso.
However, Mexicans will find US goods costlier than before because now they have to pay more pesos to buy 1 USD.
Therefore, demand for Mexican export will increase and the demand for US export will decrease.
Hence, correct answer is option B and D
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He came to Galveston, Texas, in 1820 and lived at Nacogdoches for the rest of his life.
Answer:
Fewer U.S. dollars were in circulation in 2015 than in 2019.
Explanation:
Exchange rates are known to be constantly fluctuating, and demand and supply are the causes of the rise and fall of currency values. When there is a higher demand for any nation’s currency or a shortage of the supply of that currency, then there would likely be an increase in price
.
From the question here, people received a higher value of the Mexican currency in 2019 because the US dollars that were in circulation in 2015 was smaller than that of 2019
.
Answer:
B. personal or social change over time
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