Which of the following countries suffered two exchange rate shocks in the 1980s and 1990s?
A) the U.S.
B) Canada
C) Chile
D) Mexico
E) the UK

Name: Which of the following countries suffered two exchange rate shocks in the 1980s and 1990s? A) the U.S. B) Canada C) Chile D) Mexico E) the UK
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Question

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Mexico experienced two significant exchange rate shocks in the 1980s and 1990s, known as the Mexican peso crisis. The first was in 1982, and the second, often referred to as the Tequila Crisis, occurred in 1994-1995.

Which of the Following Countries Suffered Two Exchange Rate Shocks