1.   Also, the cheaper peso is helping Mexican exports surge.

2.   Also, any slowdown in U.S. economic growth can cut the appetite for Mexican exports.

3.   A cheaper currency makes Mexican exports more attractive to customers around the globe.

4.   A strong peso could hurt Mexican exports.

5.   A weaker peso can help make Mexican exports more attractive to customers around the world.

6.   But Mexican exports to the United States are expected to enjoy a big boost because the sudden decline in the peso makes them cheaper.

7.   By pushing up the price of Mexican labor and other costs, inflation pushes up the price of Mexican exports.

8.   Combined with the devaluation, which has made Mexican exports significantly cheaper, and an extremely tight monetary policy, the measures appear to be taking.

9.   Economists say that even with loan guarantees, American exports will fall sharply and Mexican exports will increase.

10.   However, a stronger currency may hurt the appeal of Mexican exports and earnings at industrial companies like Alfa and Vitro.