The main cause of the Argentinean financial crisis of 2001-2002 was:
A)assassinations of several members of Congress.
B)large government budget deficits.
C)poor bank lending practices.
D)the default on international loans.

Question

Quizplus · Accepted Answer

The Argentinean financial crisis was primarily caused by large government budget deficits, which led to an unsustainable debt situation and eventually a default on international loans.

The Main Cause of the Argentinean Financial Crisis of 2001-2002