Answer: D) The value of the dollar will depreciate and the value of the peso will appreciate.
Explanation:
Interest rates are directly related to the value of a currency because a higher interest attracts investors who would then demand more of the currency and push the value up.
With the Fed cutting interest rates, the dollar will depreciate in value by this logic. The Mexican Peso will appreciate because investors will demand more of it relative to the Dollar as their interest rates did not drop.
Yes you can...............
Most visible spokesmen and leader in the civil rights movement from 1954 until his death 1968
Answer:
Heyo!
Explanation:
The Gulf War, codenamed Operation Desert Shield for operations leading to the buildup of troops and defense of Saudi Arabia and Operation Desert Storm in its combat phase, was a war waged by coalition forces from 35 nations led by the United States against Iraq in response to Iraq's invasion and annexation of Kuwait arising from oil pricing and production disputes.
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