The two most important factors that would shift the U.S. demand for Mexican pesos are changes in incomes and relative prices.

Name: The two most important factors that would shift the U.S. demand for Mexican pesos are changes in incomes and relative prices.
Brand: Quizplus
Rating: 4.7 (41 reviews)

Question

Quizplus · Accepted Answer

Changes in incomes and relative prices significantly affect the demand for foreign currency by influencing the volume of imports and exports between countries, thus affecting the demand for Mexican pesos in the U.S. for transactions.

The Two Most Important Factors That Would Shift the U