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What Was the U

Question 35

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What was the U.S. response to the Mexican currency crisis of 1994?


A) The U.S., along with other international agencies , arranged for Mexico to borrow dollars with an extended repayment period.
B) The U.S. converted the Mexican peso into US dollars to shield itself from the currency crisis.
C) The U.S. did not do anything, and allowed the Mexican economy to collapse.
D) The U.S. bought a lot of Mexican- made goods to increase Mexico's net exports.

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