First Generation Models of Currency Crises Can Most Reliably Explain

question 4

Multiple Choice

First generation models of currency crises can most reliably explain

• A) the dollar crisis of the 1960s
• B) Latin American currency crises in the 1970s and 1980s
• C) the 1992 crisis in the European Exchange Rate Mechanism (ERM)
• D) the Asian crisis of the 1990s
• E) none of the above

---

Definitions:

Hip Bones

The large bones that form the base of the pelvis and articulate with the femur at the hip joints; these are comprised of three parts: ilium, ischium, and pubis.

Coccyx

The small, triangular bone at the base of the spinal column, consisting of three to five fused vertebrae, also known as the tailbone.

Interosseous Membrane

A fibrous sheet connecting the bones of the forearm (ulna and radius) or the leg (tibia and fibula), providing stability and a surface for muscle attachment.

Ligament

Fibrous connective tissue that connects bones to other bones, providing joint stability.