Answer:
the early 1990s, the inflation rate in Mexico was twice the rate in the United States, but the Mexican monetary authorities kept the peso/dollar exchange rate almost constant. For Mexican consumers
a. interest rates fell to compensate for increased inflation.
b. Mexican products became more expensive while U.S.-made products became comparatively less expensive.
c. incomes rose dramatically.
d. U.S.-made products became less attractive to purchase.
e. Mexican products became less expensive while U.S.-made products became comparatively more expensive.
