Looking back on Mexican Peso crisis, what were some of the key lessons learned? O Mexico relied too heavily on flood of foreign money O The IMF provided too small of a bailout to help turn around Mexico economy O The IMF and US government acted too slowly Mexico's floating exchange rate system helped reduce the negative impacts of the crisis

Question 2 of 25 In which situation is a country most likely to choose a flexible exchange rate for its currency? O A. A country believes that its currency will be in low demand in global markets. B. A country worries that the value of its currency could rise and fall unpredictably. C. A country has a reputation for having a strong and stable economy over time. O D. A country wants to make sure that its currency is stable in all economic situations.

urgent dont chaptgpt answer Appreciation of the real exchange rate A. makes U.S. exports less expensive to foreigners. B. benefits all U.S. producers. C. makesJ.S. exports more expensive to foreigners. makest D. means a basket of U.S. goods would exchange for fewer foreign goods.

Identify each transaction by whether it belongs in the US current account or financial account: An American professor buys a laptop computer from a firm in Taiwan. O Financial Account O Current Account