Which of the following helped speed the economic recovery of Argentina after the financial crisis?
A)A rise in the exchange rate helped keep inflation low.
B)A fall in the exchange rate boosted exports.
C)The government was able to borrow from international lenders.
D)Consumer interest rates fell, boosting firms' profits.

Question

Quizplus · Accepted Answer

A fall in the exchange rate boosted exports, which helped to speed up the economic recovery in Argentina after the financial crisis. This allowed the country to earn more revenue from its exports, increasing its economic growth and providing a boost to the overall economy. The other answer choices - a rise in the exchange rate, borrowing from international lenders, and falling consumer interest rates - did not have as significant an impact on the economy as a whole.

Which of the Following Helped Speed the Economic Recovery of Argentina