Question: Suppose there is a small decrease in interest rates in Mexico and a large decrease in U.S. interest rates. Everything else equal, what is likely

  1. Suppose there is a small decrease in interest rates in Mexico and a large decrease in U.S. interest rates. Everything else equal, what is likely to happen to value of the MXN?

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The value of MXN would increase Generally a decrease in interest rate would also cause a ... View full answer

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