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Consider the market between the US dollar (USD) and the Mexican peso (MXN). Which of the following is likely to decrease demand for the MXN,

Consider the market between the US dollar (USD) and the Mexican peso (MXN). Which of the following is likely to decrease demand for the MXN, all else equal?

Group of answer choices

the Mexican peso depreciates.

the US dollar appreciates.

All of the other answers are correct.

Inflation increases in the US.

the Mexican economy experiences a recession.

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