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Inflation rates in Mexico and Brazil over the next 12 months are forecasted to be 5% and 7%, respectively. Which of the following will occur
Inflation rates in Mexico and Brazil over the next 12 months are forecasted to be 5% and 7%, respectively. Which of the following will occur if the forecasts for both nations are accurate, all else being equal? O Mexico's balance of trade will decrease. Brazil's balance of trade will increase. Mexico's current account balance will increase. Brazil's current account balance will increase. Cannot be determined
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