During the 1930s, countries closed markets. The effect of these policies was that
A) export industries were better off in most countries.
B) import-competing industries did not gain.
C) the reduction in trade worsened the Great Depression.
D) consumers were better off.
Question 2
If Mexicans increasingly lose confidence in their domestic financial markets and move their assets to other countries, the peso will depreciate.
Indicate whether the statement is true or false