Each of the following was a factor that reduced foreign exchange speculators' estimates of the long-run value of the Mexican peso except
A) a guerrilla uprising in the poor southern Mexican province of Chiapas cast doubt on political stability.
B) a wave of assassinations killed the candidate of the ruling Party of the Revolution and the designated successor to the then-Mexican President.
C) Mexico had just entered into the North American Free Trade Agreement.
D) the central bank raised the money supply during 1994.
Correct Answer:
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