Which of the Following Statements Is NOT True

question 64

Multiple Choice

Which of the following statements is NOT true?

• A) The fact that Mexico is oil-rich provides it with a ready source of revenue while also making the country very vulnerable to changes in international oil prices.
• B) The fact that Mexico is oil rich helps to explain why the country has a higher per capita income than most other developing countries.
• C) Substantial oil revenue in the 1970s allowed the government to embark upon an extensive program of public investment that helped to stem off an emerging economic crisis.
• D) Mexico's economic profile resembles that of other developing countries which also have extensive oil reserves such as Brazil and South Africa.
• E) The way the country has promoted economic growth and industrialization is important in explaining why widespread poverty has persisted and why political power is not more equitably distributed.

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Definitions:

Example

An illustration or instance used to explain or support a statement or principle.

Infant's Liability

The legal responsibilities and limitations on contracts or agreements entered into by minors, often subject to special rules and protections.

Torts and Contracts

Legal concepts where torts refer to civil wrongs causing harm or injury for which the law provides remedies, and contracts refer to agreements between parties creating mutual obligations enforceable by law.

Capacity To Enter

The legal ability of a person to enter into a binding contract, typically requiring that the person is of legal age and sound mind.