« previous next »

Author Question: The main reason for the crisis in Argentina in 2001 and 2002, as to do with exchange rate policy, ... (Read 93 times)

james

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
The main reason for the crisis in Argentina in 2001 and 2002, as to do with exchange rate policy, i.e., the continued peg of the exchange rate to the dollar. Discuss.
 
  What will be an ideal response?

Question 2

A convertible currency is a currency that may be freely exchanged for
 
  A) domestic assets.
  B) only silver.
  C) only copper.
  D) national currency.
  E) foreign currencies.


lkoler

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jun 30, 2018
Answer to Question 1

Student should emphasize that the quote is mainly true. Students should compare Argentina in those years with the better experience of Chile and Mexico with flexible exchange rates and emphasize the appreciation of the dollar.

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Effects of growth rate on development. Effects of growth rate on development.
A Glitch Interrupts the Vela Pulsar’s Spindown Rate A Glitch Interrupts the Vela Pulsar’s Spindown Rate
Columbian Exchange Columbian Exchange
The rate of facilitated diffusion The rate of facilitated diffusion
Factors That Affect Your Basal Metabolic Rate Factors That Affect Your Basal Metabolic Rate
Video: Hershey Chase Experiments

For a complete list of videos, visit our video library