Argentina Was Allowed to Break from the CET and Raise

question 44

Multiple Choice

Argentina was allowed to break from the CET and raise duties on consumer goods.This crisis had a silver lining,which is evident from all of the following points except:

• A)Argentina's wine exports to the United States were worth four times more when dollar revenues were converted into pesos.
• B)Argentina became known for the world's most expensive wines.
• C)the currency devaluation made Argentine vineyard property cheaper for foreign buyers.
• D)low prices for land,inexpensive labor,and ideal growing conditions for the Malbec grape have combined to make Argentina's wine industry a major player in world markets.
• E)Argentina can make better wine locally for less money than anywhere in the world.

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Definitions:

Flat-Topped Acacia

A type of acacia tree characterized by its distinctive flattened crown, commonly found in African savannas.

Biome

A large community of plants and animals that occupies a distinct region defined by its climate and ecosystems.

Savanna Grassland

A ecosystem characterized by a mix of grasses and scattered trees, found in tropical and subtropical regions with seasonal rainfall.

Littoral Zone

Shore zone between high-tide mark and low-tide mark; also, shallow water of a lake where light penetrates to the bottom.