Consider the following pairs : 1. Argentina - Worst economic crisis 2. Sudan - War between the country's regular army and paramilitary forces 3. Turkey - Rescinded its membership of NATO How many of the pairs given above are correctly matched ?

Describes a severe balance-of-payments crisis that prompted an IMF-sponsored bail-out and subsequent recovery via devaluation and foreign inflows — a pattern typical of large national crises.

A student could check whether Argentina in 2001–2002 showed a similar BOP collapse, IMF involvement, and devaluation to judge if that episode matches this crisis pattern.

Explains how sudden withdrawal of external loans created acute crises in multiple countries and particularly affected Latin America — a common mechanism behind major regional economic collapses.

A student could look up Argentina's external debt dynamics and whether sudden capital withdrawal or loss of foreign lending occurred around 2001–2002.

Notes the late-20th-century pattern where borrowing from Western banks led to periodic debt crises in the developing world, explicitly mentioning Latin America as vulnerable.

Use that pattern to investigate if Argentina’s 2001–2002 episode was part of such a debt-crisis pattern (e.g., unsustainable external borrowing and rising unemployment).

Summarises typical social effects of deep economic crises (currency loss, erosion of savings, middle-class distress), providing indicators to recognise a major crisis.

A student could compare social indicators (currency stability, savings value, middle-class hardship) in Argentina in 2001–2002 to see if the episode produced these severe effects.

Identifies that large trade deficits and falling external receipts can produce a severe BOP crisis leading to major reforms — a structural cause to look for in large crises.

Investigate whether Argentina experienced large trade deficits or collapsing external receipts around 2001–2002 as a plausible cause of a severe crisis.