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How Did Presidents De La Madrid and Salinas Confront the Economic

Question 14

Multiple Choice

How did Presidents de la Madrid and Salinas confront the economic crisis of the 1980s?


A) By borrowing against expected future income from oil exports
B) By recommitting the country to the previously successful import-substitution industrialization model of economic development
C) By opening Mexican markets to foreign trade and by limiting the role of government in the economy
D) By opening Mexican markets to foreign trade and nationalizing key industries
E) By imposing new taxes to boost government revenue

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