Business
Business, 02.01.2020 22:31, JussSplash1340

Assume that brazil and mexico have floating exchange rates. other things unchanged, if the price level is stable in mexico but brazil experiences rapid inflation:

a)gold bullion will flow into brazil.
b)the mexican peso will depreciate.
c)the brazilian real will depreciate.
d)the brazilian real will appreciate.

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Assume that brazil and mexico have floating exchange rates. other things unchanged, if the price lev...

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