=+b. Inflation is 3% in the United States and 8% in Mexico; the price of the U.S.

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=+b. Inflation is 3% in the United States and 8% in Mexico; the price of the U.S.

dollar falls from 12.50 to 10.25 Mexican pesos.

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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