The U.S. dollar is overvalued and the peso is undervalued in the foreign exchange market
a. if a visitor to Mexico from the United States can buy more goods in the United States than he can buy in Mexico when he converts dollars to pesos.
b. if a visitor to Mexico from the United States can buy the same amount of goods in Mexico as he can buy in the United States when he converts dollars to pesos.
c. if a visitor to Mexico from the United States can buy more goods in Mexico than he can buy in the United States when he converts pesos to dollars.
d. if a visitor to Mexico from the United States can buy more goods in Mexico than he can buy in the United States when he converts dollars to pesos.