Tequila Crisis (D) (web exercise). Log in to IMF International Financial Statistics to present and analyze Mexico’s official reserve account over the period 1992–1996. What can you infer about Mexico’s central bank activities during that period? Was Mexico’s balance of payments indeed balancing over the 1992–1996 period? How can you reconcile your findings with the discussion of problems #11, #12, and #13?

Data from problem #11

Tequila Crisis (A) (web exercise). Log in to www.pacific.commerce.ubc.ca/xr to graph the Mexican price of one U.S. dollar over the period 1992–1996. Can you characterize the exchange rate regime(s) implemented by Mexico over the same period? What was the role played by the central bank of Mexico over the same period?

Data from problem #12

Tequila Crisis (B) (web exercise). Log in to IMF International Financial Statistics to present and analyze Mexico’s current account over the period 1992–1996.

Break down your analysis among merchandise trade, services, net income, and transfers. Link your interpretation to the discussion of problem #11.

Data from problem #13

Tequila Crisis (C) (web exercise). Log in to IMF International Financial Statistics to present and analyze Mexico’s capital account over the period 1992–

1996. How can you reconcile your findings with the discussion of problems #11 and #12?