The 1995 Mexican currency crisis and the 1997 Asian financial crisis were the result of all of the following except:

Name: The 1995 Mexican currency crisis and the 1997 Asian financial crisis were the result of all of the following except:
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The 1995 Mexican currency crisis and the 1997 Asian financial crisis were not caused by high balance-of-trade surplus, but rather by the other factors listed, such as excessive foreign borrowings, weak or poorly regulated banking systems, and high inflation rates.

The 1995 Mexican Currency Crisis and the 1997 Asian Financial