Word: mirador
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Dates: during 1980-1989
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LATIN AMERICA. American tourists in Mexico are finding that the drop in the value of the peso, from 23 to the dollar in 1980 to about 190 today, has more than offset inflationary price rises. A room in the El Mirador Acapulco that went for $38 last year now costs just $16. The Mexico City subway fare is only one-half a U.S. penny, and 65? pays for a movie ticket. But swank shops in Mexico City's so-called Pink Zone can fool the unwary. For his $50 the tourist may get only imitation Gucci shoes, but real...