219,854 views
6 votes
6 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.

User Angeline
by
2.6k points

1 Answer

10 votes
10 votes
If the value of the US dollar went up and the value of Mexican peso went down the US will be able to purchase goods for a LOWER price. If the value of the US dollar goes down an American tourist visting mexico will have a BAD or EQUAL purchasing power- because the us dollar is already worth more than a peso because a peso is around 10cents compared to a 1 dollar that is 100cents
User Eemz
by
2.8k points