The global recession that started in 2008 has had the following economic impact on the Mexican economy.
a. Currency depreciation has driven Mexico to the brink of default and required a 2009 bailout from theInternational Monetary Fund.
b. A housing crisis occurred in Mexico that cost millions their savings and helped drive the country into a deeprecession.
c. The price of oil has dropped sharply on the world market, costing PEMEX loss of profits.
d. Large numbers of Mexicans have returned from the United States putting pressure on domesticlabor markets.
e. Mexico has been one of the few countries able to economically thrive during the recession due to a diversifiedeconomy.
Q. 2Many Mexicans speak of the idea that the United States is always watching, something the textbook refers to as ___________.
a. paranoid psychology
b. observant awareness
c. dependent psychology
d. heightened scrutiny
e. observational psychosis
Q. 3Mexicans whose ancestry is part white and part Indian are known as __________.
a. Caudillos
b. Camarillas
c. Maquiladoras
d. Mestizos
e. Sexeo
Q. 4What percentage of the Mexican population lacks access to safe drinking water and indoor plumbing?
a. Ten percent
b. Twenty percent
c. Thirty percent
d. Forty percent
e. Fifty percent
Q. 5For much of the last twenty years, which of the following best describes Mexico's economic condition?
a. Inflation
b. Deflation
c. Collapse
d. Growth
e. Stagnation
Q. 6Oil accounts for what percentage of Mexico's gross national product?
a. 10 percent
b. 20 percent
c. 30 percent
d. 40 percent
e. 50 percent
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