Why Did the Argentine Currency Crisis of 2001 Occur

question 11

Multiple Choice

Why did the Argentine currency crisis of 2001 occur?

• A)The Argentine president continued to let the peso float in order to maintain political support for his party.
• B)The end of the Cold War led to too many imports from former communist countries.
• C)Argentina's beef exports increased so much that it led to a shortage of currency.
• D)A housing bubble collapsed in Thailand and international investors took their money out of all developing countries' economies.
• E)Argentina had pegged the peso to the dollar and could not easily change its policy.

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Definitions:

Intended Gains

The expected benefits or outcomes that an individual or group aims to achieve through certain actions or strategies.

Baseline Measures

Initial data collected before a program or intervention begins, used for comparison with later data to assess progress.

Reliability

The degree to which an assessment tool or measurement is consistently accurate across different times and contexts.

Validity

The extent to which a concept, conclusion or measurement is well-founded and likely corresponds accurately to the real world.