Economics (MindTap Course List)
Economics (MindTap Course List)
13th Edition
ISBN: 9781337617383
Author: Roger A. Arnold
Publisher: Cengage Learning
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Chapter 34.2, Problem 1ST
To determine

The relationship between demand for dollars and supply of pesos.

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Why do exchange rates matter to companies, especially those involved with the foreign direct investment?
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why is that currency exchange are measured in dollars?
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