According to the asset market approach increased investor confidence in the Mexican economy would cause the peso to ?

A. appreciate because of an increase supply of peso denominated assets
B. depreciate because of an increased supply of peso denominated assets
C. appreciated because of an increased demand for peso denominated assets
D. depreciated because of an increased demand for peso denominated assets

Correct Answer: appreciated because of an increased demand for peso denominated assets ✔

Last Updated: June 11, 2019