Author Question: Rapid growth of government spending in Latin America in the 1970s led to A) the Debt Crisis. B) ... (Read 118 times)

dakota nelson · **on:** Jun 30, 2018

Rapid growth of government spending in Latin America in the 1970s led to

A) the Debt Crisis.
B) rapid economic growth.
C) direct foreign investment.
D) capital outflows.

Question 2

A country that runs out of official reserve assets

A) cannot settle international debts.
B) is bankrupt.
C) will have a current account deficit.
D) will have a current account surplus.