Assume that you are an international student from Mexico and…
Assume that you are an international student from Mexico and join Penn State. You need to pay all your tuition in USD although your home currency is Mexican Peso (i.e., you need to buy USD with Mexican Peso to pay tuition). Compared with last year, if Mexican Peso has been appreciating in value relative to USD (i.e., one Mexico Peso worth more USD), you are ________, assuming there was no tuition change over the year.
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