Which Factor Encouraged PRI Leaders to Reverse ISI and Adopt

question 27

Multiple Choice

Which factor encouraged PRI leaders to reverse ISI and adopt free-market policies in the 1980s?

• A)a dramatic rise in oil prices
• B)Mexico's serious debt crisis
• C)the desire to enact land reform
• D)declining levels of inequality
• E)a desire to end emigration to the United States

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Definitions:

State Attorneys General

The chief legal officers of their respective states, responsible for legal advocacy and enforcement of state laws.

Social Regulation

Regulation in which government is concerned with the conditions under which goods and services are produced, their physical characteristics, and the impact of their production on society. Differs from industrial regulation.

Consumer Product Safety Commission

A U.S. federal agency responsible for the regulation and prevention of risks of injury from consumer products.

Legal Cartel Theory

A theoretical framework suggesting that under certain legal frameworks, firms may engage in cartel-like behavior legally.