Tequila Crisis
Definition
Economics
- Refers to the economic and financial crisis that began in late 1994 when the Mexican peso devalued, causing disruption in the Mexican economy that then spread through other countries of Latin America.Peso crisis.
http://www.dictionarycentral.com/definition/tequila-crisis.html
© 2012 Dictionary Central. All Rights
Reserved. Unauthorized duplication, in whole or in part, is strictly prohibited.
Follow Us on:
