Which of the Following Is True of the Crises Experienced

question 53

Multiple Choice

Which of the following is true of the crises experienced in the 1990s?

• A)Most of the economic crises occurred in Mexico.
• B)Each of the countries affected by the crisis in Southeast Asia owed substantial long-term debt to foreigners.
• C)During this time, bank loans were a sizable fraction of GDP in all the crisis countries except Mexico.
• D)Stock prices dropped by an amount ranging from 21 percent in Malaysia to 35 percent in Korea.
• E)Exchange rate against the U.S.dollar dropped substantially in the Philippines.

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Definitions:

Trucking Industry

A sector of the transportation industry that specializes in the movement of goods and materials over land, typically using large vehicles like trucks.

Flexibility

The capability to adapt or change according to different conditions, requirements, or environments, often viewed as a desirable quality in various contexts.

Equipment Options

Refers to the variety of choices available for machinery and tools required for the production process or offered to customers.

Qualified Drivers

Individuals who have met specific standards and hold the necessary licenses to operate vehicles professionally.