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Like Many Other Countries in the Global South, in the 1980s

Question 36

Multiple Choice

Like many other countries in the Global South, in the 1980s and 1990s Mexico


A) adopted a more IMF-friendly economy featuring less government ownership of industry.
B) became more socialist, with the government nationalizing key industries.
C) cut off trade with several major powers as part of a trade war.
D) pegged its currency to the value of a dollar to ensure that its economy moved in step with the USA.
E) went from being a debtor nation to a creditor.

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