10)Suppose Mexico is a major export market for your U.S.-based company and the Mexican peso depreciates drastically against the U.S. dollar, as it did in December 1994. This means that

A) your domestic competitors will enjoy a period of facing little price competition from Mexican imports.

B) your firm will be able to charge more in dollar terms while keeping peso prices stable.

C) your company's products can be priced out of the Mexican market, as the peso price of American imports will rise following the peso's fall.

D) none of the options

11)Suppose that you are a U.S. producer of a commodity good competing with foreign producers. Your inputs of production are priced in dollars and you sell your output in dollars. If the U.S. currency depreciates against the currencies of our trading partners,

A) your competitive position is unchanged.

B) your competitive position is likely improved.

C) your competitive position is likely worsened.

D) none of the options

please explain