Need a discussion post on the following
A) Go to the X-Rates Web site (http://x-rates.com) and find the current exchange rate for the US Dollar (USD) and Mexico currency.
B) Then, from the icons below the currency selection boxes, select Graphs and then select 1 year based on the 12 months of data, which currency is appreciating (gaining value) and which is depreciating (losing value)? Remember, it can do both in a year.
C) Now go to the CIA World Factbook and find out what goods and products Mexico exports. Since most all of the goods that you buy are either imported or contain inputs from other countries, what do the trends in the exchange rates you examined tell you about the prices you can expect to pay for goods imported from Mexico or for products that use inputs from that country (i.e., the exports of your country)?
D) 1. On the discussion board, share your findings of whether Mexico's currency is appreciating or depreciating relative to the US Dollar.
2. What do you think this means for American imports from Mexico?
3. What do you think it means for American exports to Mexico?
Need a discussion post on the following
A) Go to the X-Rates Web site (http://x-rates.com) and find the current exchange rate for the US Dollar (USD) and Mexico currency.
B) Then, from the icons below the currency selection boxes, select Graphs and then select 1 year based on the 12 months of data, which currency is appreciating (gaining value) and which is depreciating (losing value)? Remember, it can do both in a year.
C) Now go to the CIA World Factbook and find out what goods and products Mexico exports. Since most all of the goods that you buy are either imported or contain inputs from other countries, what do the trends in the exchange rates you examined tell you about the prices you can expect to pay for goods imported from Mexico or for products that use inputs from that country (i.e., the exports of your country)?
D) 1. On the discussion board, share your findings of whether Mexico's currency is appreciating or depreciating relative to the US Dollar.
2. What do you think this means for American imports from Mexico?
3. What do you think it means for American exports to Mexico?
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