The 1997 Asian Financial Crisis Basics Quiz

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The 1997 Asian Financial Crisis Basics: a General level Economics quiz. Test your knowledge with 15 questions!
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Questions

Question 1
Which region was primarily affected by the 1997 financial crisis?
A South America
B Western Europe
C Southeast Asia
D North America
Question 2
What was a major cause of the 1997 crisis?
A A sudden drop in gold prices
B Speculative attacks on currencies
C Lack of internet access
D A global war
Question 3
Which international organization provided rescue packages?
A WHO
B IMF
C NATO
D UN
Question 4
What does IMF stand for?
A Investment Management Firm
B International Market Forum
C International Monetary Fund
D Internal Money Federation
Question 5
What happened to many local currencies during the crisis?
A They remained stable
B They devalued
C They increased in value
D They were abolished

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