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When the exchange rates of pesos per dollar is set above the equilibrium rate (more pesos per dollar than is determined by demand and supply)
When the exchange rates of pesos per dollar is set above the equilibrium rate (more pesos per dollar than is determined by demand and supply) Group of answer choices peso is undervalued peso is overvalued Mexico's imports from other countries will be cheaper Exports and imports are unaffected
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Microeconomics and Behavior
Authors: Robert Frank
9th edition
9780077723750, 78021693, 77723759, 978-0078021695
