Describe the impact of the change on the rate


Problem

Explain the intuition of how each of the following changes affect the real exchange rate, re : a fall in PM, a fall in PUS , and a fall in e. In each case, describe the impact of the change on the rate at which Mexican goods trade against U.S. goods.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Describe the impact of the change on the rate
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