Mispronunciation Definition and Examples in English

Mispronunciation Definition and Examples in English Mispronunciation is the act or habit of pronouncing a word in a way that is regarded as nonstandard, unconventional, or faulty. Words and names are sometimes deliberately mispronounced for comic or malicious purposes. The traditional term for incorrect pronunciation is cacoepy (the opposite of orthoepy, the customary pronunciation of a word). Because the pronunciation of a word or name is often determined by dialectal or regional conventions (which may vary widely), most contemporary linguists avoid the terms correct or incorrect in reference to pronunciation. Examples of Mispronunciation   The word I had used to describe the Liberal lust for power was insatiable, which I mispronounced as insat-eye-able. To this day, I cringe in embarrassment as I reflect upon the gentle public correction by Governor General Bob Higgins and the look of undisguised dismay on the face of Prime Minister Murray.(Brian Mulroney, Memoirs. McClelland Stewart, 2007)I had to mock her Australian accent, and she had to mock my American one, because she looked at me and my mouth and saw the corollary of what I saw, and we fought violently over how to spell aluminum, which she pronounced aluminium, and when she ran off into the bamboo and came back shaking a British dictionary that spelled it her way, I was utterly defeated.(Jane Alison, The Sisters Antipodes. Houghton Mifflin Harcourt, 2009) Local Pronunciations One thing visitors will notice in the Ozarks is the odd pronunciation of certain words. If youre used to hearing the state pronounced Mis-sour-EE, you may be surprised to hear some natives say Mis-sour-AH. Bolivar, Missouri, is BAWL-i-var, while out on the edge of the Ozarks, Nevada, Missouri, is Ne-VAY-da, and nearby El Dorado Springs is El Dor-AY-duh.(Fodors Essential USA, ed. by Michael Nalepa and Paul Eisenberg. Random House, 2008)If its the first Sunday in April, its Brougham Horse Trials. Thats Brougham pronounced broom. We have a tradition for odd pronunciation in Cumbria; its why Torpenhow is pronounced not tor-pen-how but Trappenna. I know. I cant work that one out either.(Jackie Moffa, Shipwrecked. Bantam, 2006) Exercise: Is There a Right Way to Say It? Think of some words that have more than one common pronunciation (coupon, pajamas, apricot, economic). Practice transcribing by writing each pronunciation in phonemic transcription. After you have done the transcription, discuss the varying pronunciations and the characteristics you associate with each pronunciation. What factors (age, race, gender, class, ethnicity, education, etc.) correlate with each pronunciation, and why do you think you have those associations? Are there some words for which you adopt the pronunciation of the person youre speaking with?(Kristin Denham and Anne Lobeck, Linguistics for Everyone: An Introduction, 2nd ed. Wadsworth, 2013) Mispronunciations in Language Acquisition One very productive approach to the language of under-fives especially is to study apparent mispronunciations. These can appear to be idiosyncratic mistakes but, as with inflectional errors, many children display similar patterns, and they are considered to be part of normative development unless they persist for too long.(Alison Wray and Aileen Bloomer, Projects in Linguistics and Language Studies, 3rd ed. Routledge, 2013) Mispronunciations in English Language Learning (ELL) First is the foreign accent factor: ELLs may mispronounce a word because some of the sounds do not exist in their first language and they have not learned to say them in English, or because the letters they are trying to pronounce map to different sounds in their native language.(Kristin Lems, Leah D. Miller, and Tenena M. Soro, Teaching Reading to English Language Learners: Insights from Linguistics. Guilford Press, 2010) Speech Perception In speech perception, listeners focus attention on the sounds of speech and notice phonetic details about pronunciation that are often not noticed at all in normal speech communication. For example, listeners will often not hear, or not seem to hear, a speech error or deliberate mispronunciation in ordinary conversation, but will notice those same errors when instructed to listen for mispronunciations (see Cole, 1973). . . .[S]peech perception [is] a phonetic mode of listening in which we focus on the sounds of speech rather than the words.(Keith Johnson, Acoustic and Auditory Phonetics, 3rd ed. Wiley-Blackwell, 2012) A Word That Cant Be Mispronounced Banal is a word of many pronunciations, each of which has its outspoken and often intractable proponents. Though it may pain some to hear it, let the record show that BAY-nul is the variant preferred by most authorities (including me). . . .Opdycke (1939) says banal may be pronounced [BAY-nul] or [buh-NAL) (riming with a pal), or [buh-NAHL] (riming with a doll), or [BAN-ul] (riming with flannel). It is, therefore, one of the few words in English that would appear to be impossible of mispronunciation. . . .Although BAY-nul is probably the dominant pronunciation in American speech, buh-NAL is a close runner-up and may eventually lead the pack. Four of the six major current American dictionaries now list buh-NAL first.(Charles Harrington Elster, The Big Book of Beastly Mispronunciations: The Complete Opinionated Guide for the Careful Speaker. Houghton Mifflin, 2005) Deliberate Mispronunciations As well as making history, [Winston] Churchill also wrote it. His deep historical sense was evident in his many books and in his brilliant speeches in which he used his speech impediment to great effect. One example was his deliberate mispronunciation of the word Nazi, with a long a and a soft z, in order to show his contempt for the movement to which it referred.(Michael Lynch, Access to History: Britain 1900-51. Hodder, 2008)Singapore culture may be considered pro-West in many ways. This pro-West attitude is implied in the Singlish word cheena, which is a deliberate mispronunciation of China. It is an adjective used to describe anything that is considered Chinese and old-fashioned (e.g. so/very cheena). The word can be used to describe the way a person looks or does things.(Jock O. Wong, The Culture of Singapore English. Cambridge University Press, 2014) Mock Spanish and the Mispronunciation of Spanish Loan Words [T]he sociolinguist Fernando Peà ±alosa (1981), working in southern California, identified the racist functions of hyper anglicization and bold mispronunciation of Spanish loan words as long ago as the 1970s. Spanish speakers object to the use of offensive words like caca and cojones in public English, and many also object to the ungrammaticality of expressions like No problemo, and misspellings like Grassy-Ass as showing disrespect for the language...Bold mispronunciation . . . yields bilingual puns like Fleas Navidad, which shows up every year on humorous Christmas cards with pictures of dogs, and that hardy perennial Moo-cho with a picture of a cow. The opposite treatment is Much Grass from Muchas gracias.(Jane H. Hill, The Everyday Language of White Racism. Wiley-Blackwell, 2008) The Lighter Side of Mispronunciation Ann Perkins: Seniors can get pretty ornery.Andy Dwyer: I think thats pronounced horny.(Rashida Jones and Chris Pratt in Sex Education. Parks and Recreation, October 2012) Donald Maclean: Hullo.Melinda: Hi. Youre English.Donald Maclean: Does it show?Melinda: You say hello with the letter u where the letter e oughta be.Donald Maclean: Well, youre American.Melinda: You noticed.Donald Maclean: You say hello with the letter i where the e and the l and the l and the o ought to be. . . . I hate America.Melinda: Are you gonna tell me why?Donald Maclean: For the way you treat workers, the way you treat black people, the way you appropriate, mispronounce and generally mutilate perfectly good English words. Cigarette?(Rupert Penry-Jones and Anna-Louise Plowman in Cambridge Spies, 2003)

Audi A6 Essay Example | Topics and Well Written Essays - 750 words

Audi A6 - Essay Example It’s available in the saloon and wagon configurations, providing an appealing combination of luxury, technology and responsive handling dynamics. Exterior Outside, the  A6  resembles a downsized version of  Audi's full-size  A8  sedan. The exteriors features more extensive use of aluminum components, with day time running lights, body color front and rear bumpers, halogen headlight with projector beam lenses and remote sun proof tinted glass. Its external dimensions include 73.8 inches width, overall length of 193.9 inches, 3,682 lbs weight, and overall height of 57.8 inches, 114.7 inches wheelbase, a front track 64.1 inches, rear track (63.7 inches) and curb to curb turning circle 39.0ft. Other notable features include a paneled under floor to direct airflow under the vehicle, and the use of striking matte-finish wood inlays. A wraparound dashboard and the most recent generation of  Audi's instinctive MMI system are built-in as standard. Performance The A6 is avai lable in five different flavors: the A6 Premium 2.0, the A6 Premium Plus 2.0, the A6 Premium 3.0, the A6 Premium Plus 3.0 and the A6 Prestige 3.0. â€Å"The engine transmits power to the front wheels via a constantly variable transmission† (audi.com) returning fuel economy records of 25 mpg and 33 mpg in the city and on the highway respectively. To ensure traction for all weather conditions, the A6 comes exclusively with Audi's valued Quattro all-wheel-drive system which makes use of an eight-speed automatic gearbox. It’s fitted with standard equipment that include eight-way power adjustable leather seats with memory functionality, Bluetooth  Smartphone integration, triple-zone automatic climate control, keyless start, a four-spoke multifunction steering wheel and a premium audio system with an iPod input jack. The 17-inch alloy wheels and Audi drive select enables drivers to set vehicle steering configurations, select transmission shift characteristics and customize engine response. Drivers have the choice of Auto, Comfort, Dynamic or Individual settings. The A6 Premium Plus also has a 40-GB hard drive voice-activated navigation system, Audi MMI touch handwriting recognition to interpret handwritten inputs, Audi connect which turns the car into a portable Wi-Fi hotspot and a parking assistance system with front and rear sensors. Optional Features The A6 Cold Weather Package comprises heated steering wheel as well as front and rear seats. The optional sport package incorporates a lower and firmer suspension, a three-spoke steering wheel with flappy paddle shifters and, depending on the trim level, special 18-, 19- or 20-inch wheels. The Driver Assistance Package integrates Audi pre sense plus, adaptive cruise control, and power folding, heated exterior side mirrors. Side Assist Package includes a blind spot monitoring system, power-folding mirrors and a pre safe system for altering the front and rear head commands to achieve maximum support inc ase an impending collision is identified. The Innovation Package also has a heads-up display, night vision assistance and LED headlights. Safety features All A6 models are equipped with dual front airbags, driver and front passenger knee air bags and optional Rear-passenger thorax side airbags. Other safety features include tire-monitoring system, traction and stability control systems and ABS with electronic brake-pressure distribution. Conclusion The Audi A6 model is near the top of the line for Audi products suitable

Discussing posters from WWI, WWII and revolutions (Russian) Essay

Discussing posters from WWI, WWII and revolutions (Russian) - Essay Example Thus, fundementally, the presence of social problems don't always ignite a war; it's the inability of the governing body to contain these issues that ignites it. Then again, it will take more fuel for wars to actually begin and sustain itself. This is where propaganda comes in. Looking at the two major wars in history - World War I and World War II, you would find countless of various forms of propaganda urging the people to support these wars. It could take take form of a compelling speech, a passionate hymn or an intruging poster, which will essentially get the people's support or sympathy. When used right, propaganda can be a very powerful fuel that would drive the success of a war or a revolution. Of course, that would depend on which side you're looking at. In the course of history, you would find external wars between countries, and internal wars within a specific region. Different ways and styles of propaganda had been used for these battles. World War I erupted in the year 1914. Years of power struggle and policy conflicts between the world's super powers - The Triple Entente and Triple Alliance powers - led to one of the deadliest conflicts in history. The assassination of Archduke Franz Ferdinand of Austria, heir to the Austro-Hungarian throne by the Serbian nationalist, Gavrilo Princip was the breaking point. This triggered Austro-Hungary's declaration of war against Serbia and a whole series of events leading to the spread of conflict worldwide (Marshall, p 1). Looking into the history of World War I, you would find various reasons why it even began. Depending on which side you're studying, you'll find different propaganda's making the other side as the evil enemy. Countries involved in the war used propaganda to raise people's support and morale. Externally, it was also used to gain allies. The involvement of US in World War I is one example of how propaganda worked externally among countries. Initially, the US had made a bold stand to stay out of the war. However, the sleeping super power had been put under pressure by its allies. At the same time, Germany had attacked U.S. naval ships. The tipping point was when the British governement revealed to the U.S. the Zimmerman telegram, which was a proposal of Berlin to Mexico to join the war as Germany's ally against the U.S. All these compounding events led to the participation of America three years after the war started. During the war-torn years, various propaganda materials came out in America to reinforce the decision why the country joined the war in the first place. An independent agency, called Committee on Public Information, was established specifcially to influence public opinion regarding the US intervention in WWI. Since 'propaganda' has such a bad image for the Americans, the committee's leader, George Creel, defined their activities as "not propaganda as the Germans defined it, but propaganda in the true sense of the word, meaning the 'propagation of faith' (Crumm, 19). Under this group, America's most famous illustrators such as James Montgomery Flagg, Joseph Pennell, and Louis D. Fancer had gathered together to create some of WWI's most compelling and influential images. The most popular propaganda poster was of Uncle Sam - personification of US - which encouraged

Teenage Pregnancy Term Paper Essay Example for Free

Teenage Pregnancy Term Paper Essay Introduction: This Term Paper aims to discuss the effects of rising early pregnancy cases and how it affects our country. Teenage pregnancy refers to pregnancy in a female under the age of 20. It is one of the major factors that affect the population growth in our country, Philippines. It is considered to be the major problems of the government is facing today. According to the government statistics records, teenage pregnancy cases rise more than 70% over a decade. These alarming cases caught the attention of some lawmakers. The only solution that the government made was the so-called Reproduction Health Bill (RH Bill). This bill aims to free access of use of contraceptives, fertility control, sexual education, and maternal care. The government conceived this as the solution to the said problem. Others may see it as helpful, but some also disagree about it. Teenage pregnancy is continously growing and affects our economic growth. Basically, teenage pregnancy occurs due to the following reasons: General rebelliousness, peer pressure and lack of self-esteem. Causes of Teenage Pregnancy: Rebelliousness -There is rebelliousness of parents and of rules of adults. During the teenage stage, there is a burst of sudden and unknown emotions. Teens feel a natural sense of rebelling against the set norms and rules. Coupled with a sudden sense of fresh-found liberation and sexuality, results in giving vent to their feelings through sexual experiences. Peer Pressure -Peer pressure is another early stage of pregnancies. This pressure causes sexual intimacy for the opposite sex. If a child hangs out with a group who  are sexually active, then there are possibilities that 9 out of 10 that teenager is sexually active. Most of the teenagers often to have sexual intercourse because they need to fit in with their circle of friends. They’re only way to be accepted by that so called circle of friends is to have sexual intercourse with the opposite sex and have sexual relations. Lack of Self-Esteem -It is among the causes of teen pregnancy. Children who are not shown love and affection from parents will seek it out with their circle of friends (peer group). Many teenagers report feeling pressured by their peers to have sexual intercourse before they are ready. Media: â€Å"The 16 and Pregnant is an American reality television series that debuted June 11, 2009 on MTV. It follows the stories of pregnant teenage girls in High School dealing with the hardships of teenage pregnancy. Each episode features a different teenage girl, with the episode typically beginning when she is 4 and a half to 8 months into her pregnancy. The episode typically ends when the baby is a few months old. The series is produced in a documentary format, with an animation on notebook paper showing highlights during each episode preceding the commercial breaks. â€Å" (Reference from wikipedia) MTV is criticized for creating an acceptance of teen pregnancy. By creating a show about pregnant teens, the show’s creators may be sending the message to teens that it isn’t a big deal if they become pregnant. It is proven that teens are often influenced by TV. Actually, according to a study conducted by The National Campaign â€Å"most teens (79% of girls and 67% of boys) say that when a TV show or character they like deals with teen pregnancy, it makes them think more about their own risk of getting pregnant or causing a pregnancy and how to avoid it† (â€Å"Teen Pregnancy†). Parents feel that the popularity of â€Å"16 and Pregnant† will allow teens to think that teen pregnancy is acceptable. The National Campaign states that â€Å"research has found that the sexual content in media can influence teens’ attitudes about sex and contraception and may also influence their sexual behavior† (â€Å"The National Campaign†). It is because of this statistic that MTV is teaming up  with the National Campaign to Prevent Teen and Unplanned Pregnancy to create viewing guides on 16 and Pregnant. The 16 and Pregnant viewing guides will hopefully allow parents and educators to start discussions with teens encouraging them to make the right decisions when dealing with their sexual health. Why teen pregnancy is a cause for concern? The issue of teenage pregnancies is a cause for concern, and it is necessary that we draw the attention of the authorities to it’s diverse effects. According to statistics compiled in February 2004 by the National Campaign to Prevent Teen Pregnancy, 34% of teenage girls get pregnant at least once before they turn 20 (which is about 820,000 per year). Despite the fact that teen pregnancy rates are declining in the United States, this data illustrates the fact that the United States has the highest pregnancy rate in the industrialized world. Teen pregnancy has negative affects on teen parents, their children, and society in general. Negative Affects on Teen Parents Teen mothers are statistically less likely to continue their education through high school and college. In fact, only about 1/3 of teen mothers ever earn a high school diploma, and only 1.5% of teen mothers receive a college degree by the time they are 30 years of age. In addition to the decline of education prospects, teen mothers also have increased health risks. In fact, more than a quarter of pregnant teens report physical abuse in their relationships. Other health risks include disorders such as: anemia, hypertension, obesity, and sexually transmitted diseases (STD’s). Anemia- Anemia is a disease where the number of red blood cells falls below normal and the body gets less oxygen as a result. Therefore, the body has less energy than it needs to function correctly. When the number of red blood cells decreases, the heart has to work harder, which means that it has to pump more blood in order to distribute oxygen throughout the body. As a result, one can develop a rapid heartbeat or another serious condition that enlarges the heart muscle, which can cause heart failure. Hypertension- When someone has hypertension (also known as high blood pressure), the force of the blood against ones artery walls are too strong. Over time, this excessive pressure can damage your arteries as well as your heart and kidneys. Hypertension is rather dangerous, for there are no warning signs or symptoms unless the problem is severe. Hypertension can lead to strokes, and other deadly afflictions. Obesity- While we all need some fat tissues in our bodies, having too much body fat is known as obesity. Obesity is a serious medical disease that affects about 14% of adolescents in the United States, and is the second leading cause of preventable death. STD’s- Sexually Transmitted Diseases (STD’s) are diseases that are contracted and spread by having sex with someone who has one of the diseases. Sexual activity can include contact with the mouth, anus, vagina and penis (all of which are capable of giving as well as receiving STD’s). These can be serious illnesses and require immediate attention. Some STD’s, such as AIDS, are deadly and have no cure, therefore it is important to learn ways to protect yourself from STD’s such as: genital herpes, hepatitis B, chlamydia, syphilis, gonorrhea, and HIV/AIDS. Negative Affects on Children Children born from teen mothers have a higher chance of experiencing health problems. In fact, children born to teen mothers have a 20% higher chance of being born with low birth weight, which is one of the most common complications found in children of teens. Low birth weight can lead to blindness, deafness, respiratory problems, as well as mental illness, cerebral palsy, and even death. Not only do children born to teen mothers have a higher chance of experiencing health complications, but they also typically receive less medical care and treatment than other children, born to older mothers. On another note, teen parents are young, inexperienced, and for the most part, lack a completed education. This has been known to lead to inadequate parenting, for one is too young to appropriately provide the kind of environment that children need to develop and mature properly. Eventually this will affect the children’s performance in school, for  children of teenage mothers score lower than average on standardized tests, and are about twice as likely to repeat a grade at some point in their education. Children born to teen mothers are also twice as likely to be victims of abuse and neglect. Negative Affects on Society Because teen pregnancy rates are so high in the US. 34% of all females get pregnant at least once before the age of 20. This can cost our society billions of dollars each year, as the majority of teen mothers are single parents, lack a complete education, and end up on welfare. About $40 billion are spent by the federal government alone to help these families. References: https://www.abc.net.au/news/2014-03-24/an-number-of-teenage-pregnancies-doubled-in-philippines-in-last/5341334?pfm=ms https://www.philstar.com/entertainment/2013/09/26/1238116/root-causes-adolescenct-pregnancy?nomobile=1 https://www.kaieteurnewsonline.com/2011/07/04/low-self-esteem-a-factor-of-teenage-pregnancy-research/ https://ncbi.nlm.nih.gov/m/pubmed/11556441/

A Pair of Tickets Amy Tan Essay -- essays papers

A Pair of Tickets Amy Tan Amy Tan’s A Pair Of Tickets is a story concerning family and roots. June May, like the author herself, was a Chinese born in USA and grew up with an American background culture, whereas her mother grew up in China and then immigrated to America. Looking at the repeated words, we discussed that one there are many words such as mother, sister, father and Aiyi. Most of the characters in this story belong to one family, June May’s family. It suggests to us that the tale is about relations and where we stand in our family. Even Aiyi brings practically her whole family to see her brother and niece. This is also one of the stronger traits of the Chinese cultures where there are many family occasions. The Story also constantly talks of â€Å"blood.† In the western culture, blood, which is usually connected with red, symbolizes a sacrifice, death and also a bloodline. As we look at the previous repeated words, the â€Å"blood† means a lineage of family and relations. Blood also signifies your identity. In the story, May June, does not understand her Chinese blood identity at the beginning. She was embarrassed by her mother’s behavior. She did not realize what it meant when her mother said â€Å"Once you are born Chinese, you cannot help but feel and think Chinese†¦It is in your blood, waiting to be let go.† She admits that even though she is 36 years old, â€Å"I’ve never known what it means to be Chinese.† It is not until she goes to China and finally meets her half sisters that she understands what it is to be Chinese. â€Å"And now I see what part of me is Chinese. It is so obvious. It is my family. It is in our blood. After a ll these years, it can finally be let go.† Red color in the Chinese tradition is different fro... ...er Chinese culture and identity to Jing-mei. The title â€Å"A Pair of Tickets,† is the story of a father and daughter on a journey from one place, America, to another, China. The action from moving from America to China, also symbolizes the movement of Jing-mei’s recognition of her identity as she shifts from her American culture to her new Chinese Culture that was already in her blood. Not only is this journey a physical action, but also a spiritual journey. Through this spiritual journey, Jing-mei, clarifies her identity, the struggles of trying to accept her Chinese roots, and the misunderstandings she had of her mother. She gains respect towards her mother as she learns the battle her mother has fought to get to America. In the course of this journey, Jing-mei has learned to understand and respect her family. â€Å"After all these years, it can finally be let go.†

Mexican Peso Case Study Essay

1. Take a look at Mexico’s balance of payments over the past few years. Use the schedule I have attached to the case – it is in the same format as we used to examine the U. S. balance of payments. What do the trade and current account balances suggest about the likelihood of a potential devaluation of the peso? Why? a. It suggests that because Mexico is importing twice as much as they are exporting that there is a strong chance that the peso will lose value to counter the constant increase in imports. It is also important to point out that the exports in 1974 and 1975 are practically the same. The current account balance is negative 4 billion U. S. dollars which is 4 times larger than it was in 1972. All this leads me to believe that the peso needs to be devalued in order to raise the amount Mexico exports. 2. What does the private capital account suggest about the need for a devaluation of the peso? Why? a. The private capital account is a positive 3 billion which indicates that there are a lot more imports than exports suggesting that Mexico is either borrowing a larger portion of money or selling some of its assets. Consequently there is a need for the devaluation of the peso. 3. What does the private transactions balance suggest about the valuation of the peso and whether a very large devaluation was imminent? Why? a. By looking at the private transactions balance it suggest that there was not a dire need for a very large devaluation because it is a positive 172 million where as it has been no larger than 222 million and no smaller than 39 million. That is not to say that the peso did not need to be devaluated however. 4. Take a look at Exhibit 5 in the case – Mexico’s international reserves. What has happened to Mexico’s total foreign exchange reserves since 1970? How would you interpret this trend in terms of evaluating the strength or weakness of the peso in the foreign exchange market? Would you conclude that the peso was likely to be substantially devalued from this data? Why? a. With a gradual increase in Mexico’s total foreign exchange reserves since 1970 it looks like they were preparing for the devaluation of the peso for some time now. The increase in reserves is them trying to prevent or delay the devaluation. From just this data alone however I would not believe that the peso is at risk of being devaluated. 5. Take a look at Exhibit 7 and the forward discounts on the peso versus the dollar. On June 18, what did the market think the peso was likely to do over the next three months? On August 27, what did the market think the peso was likely to do versus the dollar over the next three months? Between June and August, what was the market saying about the magnitude and/or probability of a devaluation of the peso over the next three months? a. On June 18th it was believed that over a 3 month period that the peso would depreciate 20% vs. the U. S. dollar and on August 27th it was believed that the peso would only depreciate 9. 08% over the same time frame. During that time frame the market thought there was a less and less chance that the peso was going to get devaluated. 6. Look at the commercial bank lending rates to prime borrowers in Exhibit 8. Based on these nominal prime borrowing rates, would you expect the peso to appreciate or depreciate against the dollar and by how much? Why? a. If using the December 1975lending rates, the peso would depreciate against the dollar by 5. 9% because Mexico’s interest rate is nearly twice as high as the United States’. 7. What should be the PPP Mexican peso/U. S. dollar exchange rate based on price level changes in Mexico and the U. S. between 1954 and 1975. Given your calculation, is the Mexican peso reasonably valued at the new exchange rate of MP20. 5/U. S$? Briefly explain why. a. The PPP for the Mexican peso/U. S. dollar exchange rate should be MP13. 29/$ and I believe that the new exchange rate is too high, especially when compared to the 13. 29 PPP. Another reason to believe that it is not reasonable is that looking at exhibits 5 and 7 indicates that the peso may not have needed to be devaluated much at all considering the increase in Mexico’s reserves and the decrease in the forward discount from June to August. 8. Suppose the Mexican government had decided not to devalue the peso. What would have been some of the economic and financial policies it could have implemented to defend the currency? How would these policies affect employment and income levels in Mexico? a. Financial policies that could have been implemented would be to limit the number of imports and/or raise import taxes and loosen up their taxes on corporations to encourage new business in Mexico. It would raise employment while having a positive effect on income levels compared to if the peso was devaluated. 9. Please evaluate the future of the peso based on your answers to the above questions as well as the following information: (1) Oil production is likely to come on stream shortly and oil is priced in the world markets in dollars. (2) Foreign oil companies will be making substantial investments in Mexican oil fields. (3) The Mexican government will be able to control inflation. a. The future of the peso is going to look bright because they are increasing jobs by having companies invest in their oil fields. Although other countries will be making money so will Mexico. Since the dollar will be stronger than the peso, the money being made off oil would be equal to more pesos since it was devalued. This will increase exports and since they are able to control inflation it gives them greater control

Nicki Lisa Cole, Ph.D. - ThoughtCo