asked 206k views
11 votes
If the value of the US dollar goes up while the value of the Mexican peso goes down, the United States will be able to purchase goods for a ----------------- price. If the value of the US dollar goes down, an American tourist visiting Mexico will have --------------------

purchasing power.
A. lower
B. higher



A.less
B. more

asked
User Arjunurs
by
7.9k points

2 Answers

6 votes
A.Lower
B. More
I’m pretty sure if the American visitor goes to Mexico where the value is lower they would automatically have more purchasing power
answered
User Chunpoon
by
8.0k points
12 votes

Answer:

Lower

Less

Step-by-step explanation:

got this question right on my test!

answered
User John Mangual
by
8.7k points

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