Why Did the Argentine Currency Crisis of 2001 Occur

question 69

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)Argentina had pegged the peso to the dollar and could not easily change its policy.

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Definitions:

Clonal Selection Theory

A theory in immunology that explains how the immune system responds to specific antigens by activating the clone of cells that can recognize and attack the invader.

Antigen

Foreign substance, usually a protein or a polysaccharide, that stimulates the immune system to react, such as to produce antibodies.

T Cells

A type of white blood cell that plays a critical role in the immune system, especially in the adaptive immune response, by identifying and killing infected cells or orchestrating the immune response.