The Economic Crisis That Struck Mexico in 1981-1982 Was Caused

question 10

Multiple Choice

The economic crisis that struck Mexico in 1981-1982 was caused by

• A) restrictions on oil imports from Mexico by the United States.
• B) the flight of domestic and foreign capital from Mexico.
• C) a sharp decline in the purchasing power of Mexicans.
• D) a sharp decline in oil prices.

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Definitions:

Annual Salary

The total amount of money that an employee is paid over the course of a year for their work.

Capital Balance

Represents the amount of money that the owners of a business have invested in it or the net worth of the business.

Operations

Refers to the day-to-day activities necessary for running a business and generating value.