The Argentinian crisis of 2001 was characterized by:

Question

Quizplus · Accepted Answer

All of these statements are true. The crisis was triggered by investors losing confidence in the government's ability to repay its debt, which led to a flight of capital and higher interest rates. This, in turn, made it more expensive for the government to borrow, and it eventually defaulted on its debt. The crisis also led to a shift in savings as people withdrew their funds from banks and the stock market, further exacerbating the problem.

The Argentinian Crisis of 2001 Was Characterized By