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Please Answer both if possible QUESTION 2 Inflation rates in Mexico and Brazil over the next 12 months are forecasted to be 5% and 7%,
Please Answer both if possible
QUESTION 2 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. O Brazil's balance of trade will increase. O Mexico's current account balance will increase. Brazil's current account balance will increase. O Cannot be determined. QUESTION 3 Last year, the value of the dollar depreciated by 5% from the Swiss point of view. It must be the case that the value of the Swiss franc appreciated by 5% from the US point of view. True FalseStep by Step Solution
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