Refer to Table 2-12. If the two countries specialize and trade, who should export canoes?

The value of net exports increases when the value of ________

A) exports of goods and services minus imports of goods and services decreases B) imports of goods and services increase C) imports of goods and services decrease D) exports of goods and services decrease

An appreciation of the Mexican peso relative to the U.S. dollar would ________ Mexican firms that are exporting goods to the United States and would ________ Mexican firms that have borrowed in U.S. dollars

A) help; help B) help; hurt C) hurt; help D) hurt; hurt