the graph shows the value of the mexican peso over a twenty - year period.\nvalue of the mexican peso 1993…

the graph shows the value of the mexican peso over a twenty - year period.\nvalue of the mexican peso 1993 - 2013\nwhich explains why the value of the peso has dropped significantly since the early 1990s?\n○ a global recession in the 1990s followed by a banking crisis in 2008\n○ a banking crisis in the 1990s followed by a global recession in 2008\n○ a series of un sanctions in the 1990s followed by a drought in 2008\n○ a series of natural disasters in the 1990s followed by a civil war in 2008

the graph shows the value of the mexican peso over a twenty - year period.\nvalue of the mexican peso 1993 - 2013\nwhich explains why the value of the peso has dropped significantly since the early 1990s?\n○ a global recession in the 1990s followed by a banking crisis in 2008\n○ a banking crisis in the 1990s followed by a global recession in 2008\n○ a series of un sanctions in the 1990s followed by a drought in 2008\n○ a series of natural disasters in the 1990s followed by a civil war in 2008

Answer

Brief Explanations:

The Mexican peso's value dropped due to a banking crisis in the 1990s (such as the Tequila Crisis) which weakened the economy, followed by the global recession in 2008 that affected economies worldwide and further devalued the peso.

Answer:

a banking crisis in the 1990s followed by a global recession in 2008