1.1 The Inca empire was cemented (joined) by diplomacy fromQuito, Ecuador to Santiago, Chile in South America. True â˜ False â˜ Defend your answer:
1.2 One of the Spanishâ€™s great contribution to the world was its silver dollar, â€œocho realesâ€ â€“ minted in Mexico and Peru – that served as money in Asia as well as in the New World. True â˜ False â˜ Defend your answer:
I.3 A simple solution to the great inequality in income distribution in countries like Mexico would be to nationalize the land and redistribute it equally to the workers of the land. True â˜Falseâ˜ Defend your answer:
1.4 While Ecuador exports mainly oil, the Galapagos Islands are a good buffer by diversifying Ecuadorian exports in times when oil prices are low. True â˜Falseâ˜ Defend your answer:
1.5 Haitiâ€™s economic development suffered due partly to its lack of stable institutions and partly due to badluck. True â˜Falseâ˜ Defend your answer:
1.6 â€Inflation is always and everywhere a monetary phenomenon.â€ True â˜Falseâ˜ Defend your answer . (30 points, 10 points each) Consider the following statement from the inaugural speech December 1, 2018, by the new President of Mexico, AndrÃ©s Manuel LÃ³pez Obrador (AMLO):
â€œIn the neoliberal period, corruption became the main function of political power, so if I am asked to express in one sentence the plan of the new government, I reply: to end corruption and impunity. â€¦ The fight against corruption and austerity will allow us to free up enough funds, more than we imagine, much more, to boost Mexico’s development.â€
Answer the following, expressing your views:
2.1 Do you agree with these objectives?
2.2 Do you think that ending corruption during AMLOâ€™s 6 year term is feasible in Mexico?
â— â— â— â— 2.3 Do you think this policy of fighting corruption and impunity will free up significant funds to boost Mexicoâ€™s development and growth?