Mexico harbor pier dock

The transcript discusses the international boycott by British and American buyers, affecting Mexico's nationalized oil industry. With Japan as its only potential customer, Mexico's economy is once again approaching a crisis.

Which countries declared a virtual boycott against Italy?

• Russia and China

• Spain and Portugal

• British and American

• France and Germany

What significant action did Mexico take regarding its oil industry?

• Merged it with American companies

• Sold it to Japan

• Nationalized it

• Privatized it

Which country was left as Mexico's only potential customer for oil?

• Japan

• Brazil

• India

• China

What was the economic state of Japan when it became Mexico's potential customer?

• Stable

• Rapidly growing

• Nearly bankrupt

• Prosperous

What was the economic situation in Mexico after the nationalization of its oil industry?

• Decline in oil production

• Economic boom

• Stable growth

• Approaching crisis