Word: giermanski
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Dates: during 1995-1995
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...Thanks to the peso's plummet, American-made goods could now be as much as 50% more expensive for Mexican consumers. Products from herbal shampoos to frozen desserts sold south of the border will be hard hit. "The peso has been devalued," says Texas A&M trade specialist James Giermanski, "to the point where it really wipes out your expected tariff advantage...
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