What step did mexico take to recover after world oil prices collapsed in 1981?

1 answer:

8 0

The government gradually increased their oil production to prevent an inflationary spiral that could hinder the recovery of the economy. They also declined their participation in the boycott of the 1980 Summer Olympic Games held in Moscow led by the United States. When the US and Mexico could not concur on the price of the natural gas, the latter decided to widen its excess resources rather than selling it to the US at a low price. Also, despite the defiance of the US, Mexico recognized the Farabundo Martí National Liberation Front rebels in El Salvador as a representative political force. The US remained as a major oil customer and its major source of investment capital to Mexico even after those steps taken by Mexico. By 1981, the latter became the fourth largest oil producer throughout the world.

You might be interested in

Why do the United States want to control California

ZanzabumX [31]

Answer: Maybe cause California wants to become an independent state? Idk tbh

8 0

3 years ago

Using complete sentences, identify two ways humans in South and Southeast Asia have modified their water supply. What are the po

REY [17]

Modifications in South Asia, where almost 1.6 billion people live, are important measures to deal with urbanization and population growth. Research has estimated that almost 20 of 32 cities in India have water shortages on a daily basis. Residents of Kathmandu need to wait for hours to get water from the city. This modification helps with the control of water supply but restricts the amount of water to be used by the citizens.

Another South Asian government modification in Pakistan, hides vital information regarding water supply. Fort he government it is classified information, although there are treaties like the Ganges Treaty(1996) that supports the sharing of international information regarding hydroeletric. This is a measure that the Pakistan authorities consider critical for the control and benefit of water. But the lack of information sharing has also affected the government’s ability to deal effectively with natural disasters such as floods, earthquakes, and landslides .

5 0

3 years ago

Read 2 more answers

What is a metal in Africa that is more precious than gold?

nekit [7.7K]

Platinum and Palladium.

7 0

3 years ago

2. It is late in the evening and you hear a knock on your door. It is a General from the United States Army who states that he n

grin007 [14]

Answer:

I believe it to be a violation of the 3rd Amendment

Explanation:

This is my personal answer choice. If it is correct, then I am happy to be of service! If it is incorrect, then I am very sorry.

3 0

3 years ago

When an author refers to another literary work without naming it, it is called an allusion. Identify several allusions to the Bi

skad [1K]

Answer:

An allusion authors to another literary work without naming it. The author refers to the Bible. The men knelt at Lincoln's feet praising him calling him the Messiah. Lincoln did not want to enter as a king referring to Jesus entering the town on Psalm Sunday. Lincoln had many who followed, like Jesus disciples.

Explanation:

We finished the book and explained it in class today. Analyzing The Text

4 0

3 years ago