The United States has run current account deficits in almost every year since the mid-1980s. Do the data you have graphed therefore surprise you? (Hint: To answer this question, you will need to compare the current account deficit, as a percent of nominal GDP, with the growth rate of nominal GDP, so you will also need to examine the annual current account data from the BEA website.)

Suppose that the u.s. dollars-mexican pesos exchange rate is fixed by the u.s. and mexican governments. assume also that labor is mobile between the united states and mexico due to low transportation costs.which of the following situations is likely to happen as a result of a simultaneous increase in the demand for u.s. goods and decrease in the demand for mexican goods? (pick mexican unemployment rate increases, and the country undergoes bad economic times for a sustained u.s. unemployment rate increases, and the country undergoes bad economic times for a sustained mexican unemployment rate rises at first, but it soon drops as unemployed mexicans move to the united states for mexican unemployment rate rises at first, but then it drops as mexican pesos depreciate against u.s. dollars.