The Key Factor Leading to the Financial Crises in Mexico

question 2

Multiple Choice

The key factor leading to the financial crises in Mexico and the East Asian countries was

• A)a deterioration in banks' balance sheets because of increasing loan losses.
• B)severe fiscal imbalances.
• C)a sharp increase in the stock market.
• D)a sharp decline in interest rates.

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Definitions:

Small Intestine

A part of the gastrointestinal tract between the stomach and the large intestine, where most of the digestion and absorption of food nutrients takes place.

Kidney Tubules

Microscopic tubes in the kidneys where urine is formed through the processes of filtration, absorption, and secretion.

Organelle of Locomotion

Cellular structures that enable movement in organisms, such as cilia and flagella.

Flagellum

A long, whip-like appendage that enables many bacteria, sperm cells, and other organisms to swim and move.