Author Question: The best explanation for the late 1994/early 1995 collapse of the Mexican peso and stock market is ... (Read 68 times)

nenivikky

  • Hero Member
  • *****
  • Posts: 516
The best explanation for the late 1994/early 1995 collapse of the Mexican peso and stock market is
 
  (a) free movement of capital internationally is destabilizing for a developing country.
  (b) portfolio investments were camouflaging overvalued exchange rates.
  (c) debt for equity swaps had created imbalances in the ownership structure of the economy.
  (d) the potential benefits of NAFTA had been oversold.

Question 2

What is the relationship between economic development and the political institutions of democracy?
 
  What will be an ideal response?



mrphibs

  • Sr. Member
  • ****
  • Posts: 307
Answer to Question 1

B

Answer to Question 2

This is not a settled question. Students can be expected to understand that the relationship is not simple or widely understood. But the question is ripe for student speculation.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

For a complete list of videos, visit our video library