Argentina's Experience in Defending Its Peg After 1994 Resulted in All

question 97

Multiple Choice

Argentina's experience in defending its peg after 1994 resulted in all of the following, EXCEPT:

• A) an increase in the nominal rate of interest as the risk premium rose because of the Tequila Crisis.
• B) a bailout of domestic banks damaged by excessive defaults.
• C) domestic investors selling pesos and purchasing assets denominated in U.S. dollars.
• D) a significant decrease in the nominal rate of interest as the risk premium rose.

Evaluate the role of power and politics in organizational decision-making and environmental adaptation.

Consider power as a dynamic and double-edged concept that has both positive and negative effects on organizations and individuals.

Understand the concept and different sources or bases of power.

Recognize Bertrand Russell's perspective on the formalization of power.