A Currency Crisis in 1997 and 1998 Spread Quickly Throughout

question 73

Multiple Choice

A currency crisis in 1997 and 1998 spread quickly throughout ________,which eventually led to at least two governments falling from the resulting economic recessions.

• A)Latin America
• B)Europe
• C)Africa
• D)East Asia

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Definitions:

Foreign Assignments

The process of sending employees to work in a location outside their home country for a predetermined period as part of their employment duties.

Internationalization Process

The practice of designing products, services, and internal operations to facilitate expansion into international markets.

Bilateral Cooperation

A collaborative agreement or relationship between two countries aiming to achieve common goals or address mutual concerns.

Culture

The set of shared attitudes, values, goals, and practices that characterizes an institution, organization, or group.