Suppose that Mexico devalues the peso relative to the yen, the currency of its trading partner Japan. This devaluation of the peso, all else equal, will Mexico's exports while also its imports. In response to this tactic by Mexico, Japan is likely to respond by the Yen. To combat these "beggar-thy-neighbor" policies, International Monetary Fund (IMF) member countries agreed to peg their currency to the U.S. dollar. True False After the collapse of the Bretton Woods System, the IMF changed its focus to lending. One area of lending the IMF began to focus on was lending to countries facing issues arising from