Norman owns small dairy farm in the United States. He buys cOWS from local ranchers and produces milk and cheese for local stores. He
also sells cheese to a company in Mexico. Norman hears a news report saying that the value of the dollar has risen compared to the
Mexican peso.
Based on the scenario, which event is likely to happen?
O Norman will pay more for the cows from local ranchers.
• Norman will pay less for the cows from local ranchers.
• Norman's sales to the Mexican company will increase.
Norman's sales to the Mexican company will decrease.