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consider the following information on mexico's trade. 40% of the trade is conducted with country A; 35% of trade with country B, 15% of trade
consider the following information on mexico's trade. 40% of the trade is conducted with country A; 35% of trade with country B, 15% of trade with country C, and 10% trade is conducted with country D if tge peso appreciates 10% against country A depreciates 30% against country B depreciates 15% against country C and appreciates 20% against country D then the effective trade-weighted real exchange rate experiences aa) 6.75% appreciation b)18.75% depreciation c)6.75% depreciation d) 18.75 appreciation
a) 6.75% appreciation
b)18.75% depreciation
c)6.75% depreciation
d) 18.75 appreciation
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