Homes currency is the peso and trades at 1 peso per dollar


Home's currency is the peso and trades at 1 peso per dollar. Home has external assets of $200 billion, all of which are denominated in dollars. It has external liabilities of $400 billion, 75% of which are denominated in dollars.

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Microeconomics: Homes currency is the peso and trades at 1 peso per dollar
Reference No:- TGS0956524

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