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Mexico is experiencing high inflation while Canada is enjoying a steady GDP and stable inflation. What should happen in the foreign exchange market?
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Mexico is experiencing high inflation while Canada is enjoying a steady GDP and stable inflation. What should happen in the

foreign exchange market?

User YYY
by
5.3k points

2 Answers

5 votes

Inflation is when prices increase and money decreases in value or has less purchasing value.

So, Canadian currency should be worth more in Mexico. Conversely, Mexican currency should be worth less in Canada.

User Sion Sheevok
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5.3k points
2 votes

Answer:

its A

Step-by-step explanation:

User WillHaslett
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5.0k points
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