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Which of the following best explains why interest payments consumed the Mexican national budget during the late 19th century? A. Trade treaties with Britain obligated
Which of the following best explains why interest payments consumed the Mexican national budget during the late 19th century? A. Trade treaties with Britain obligated Mexico to import a huge amount of British-made goods. B. Overseas demand for the country's products had dried up and the export trade suffered. C. The political instability and economic stagnation in Mexico led the government to increase foreign borrowing. D. The income from the export of beef and wheat did not make up for the costs accrued from importing manufactured goods from Europe
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