Which of the following illustrates how international conditions can affect debtor nations?
A) Mexican oil exports decreased,because higher U.S.interest rates precipitated a recession.
B) The government of Thailand increased interest rates,which led to a recession.
C) Argentina experienced hyperinflation,because of excessive government spending.
D) Honduran electricity production decreased,because of insufficient rain to fill its reservoirs.
E) India increased unemployment assistance because of student protests.
Correct Answer:
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