Due to interdependence heightened by NAFTA, the Clinton administration responded to a sharp decline in the value of the Mexican peso by__________

a. drastically reducing foreign direct investment in Mexico
b. pulling out of NAFTA
c. shielding itself from now competitive Mexican exports by imposing quotas on certain products
d. shoring up the flagging peso with a multibillion-dollar aid package


Answer: D

Political Science

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Political Science

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Political Science