A contributing factor in the Latin American Debt Crisis 1982 was:

Question

Quizplus · Accepted Answer

Declining expectations led to capital flight, meaning investors began to lose confidence in the ability of Latin American countries to pay back their debts. This led to a massive outflow of capital from these countries, making it harder for them to pay off their debts and causing the crisis to worsen. The other choices, such as the devaluation of the dollar and falling oil prices, certainly had an impact on the crisis, but they were not the primary contributing factor.

A Contributing Factor in the Latin American Debt Crisis 1982