Over the course of a year, the Mexican peso has depreciated relative to the U.S. dollar. Who would MOST benefit from this occurr

Question

3 years ago

13

Over the course of a year, the Mexican peso has depreciated relative to the U.S. dollar. Who would MOST benefit from this occurr

ence?
A) U.S. consumers of U.S. goods
B) U.S. consumers of Mexican goods
C) Mexican consumers of U.S. goods
D) Mexican consumers of Mexican goods

Business

2 answers:

Norma-Jean [14] · Answer 1 · 2022-04-19T06:51:39+03:00

The correct answer of the given question above is option B. Over the course of a year, the Mexican peso has depreciated relative to the U.S. dollar and the one who would most benefit from this occurrence is the U.S consumers of Mexican goods. As the value of the U.S. dollar has increased relative to the peso, the buying power of the U.S. dollar has increased in Mexico. Hope this answer helps.

k0ka [10] · Answer 2 · 2022-04-19T08:19:06+03:00

B) U.S. consumers Mexican Goods

The correct answer to the question given above is option B. For one year, the Mexican peso has been depreciated relative to the US dollar and the most benefited from this incident is the US consumer of Mexican goods. Because the value of the US dollar has increased relative to the peso, the purchasing power of the US dollar has increased in Mexico.

<h2>Further Explanation </h2>

Government officials have not yet provided details about the president's plan, and border control officers have also not accepted negotiations for negotiations, according to US Customs and Border Protection officials, who spoke on condition of anonymity. Implementing such a request will require time to notify Congress and request work representing Border Patrol agents and customs officials, the official said.

The US-Mexico border is a major artery in the global economy, with a value of more than $ 611 billion in cross-border trade last year, according to the Commerce Department. Every day, more than 1,000 trucks cross the border in the port of Calexico East, California, while more than 11 international trains daily pass through Laredo, Texas, according to the US Department of Transportation.

Total border closure will soon lead to severe consequences, said trade specialists, with American automakers and farmers among the first to feel the loss.

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US Dollar brainly.com/question/2528786

Mexican Goods brainly.com/question/2528786

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Grade: High School

Subject: Business

Keywords: Mexican, US, goods