In the early 1990s, the inflation rate in Mexico was twice the rate in the United States, but the Mexican monetary authorities kept the peso/dollar exchange rate almost constant. For Mexican consumers
A.
incomes rose dramatically.
B.
interest rates fell to compensate for increased inflation.
C.
Mexican products became less expensive while U.S.-made products became comparatively more expensive.
D.
Mexican products became more expensive while U.S.-made products became comparatively less expensive.
E.
U.S.-made products became less attractive to purchase.
Answer: D