Author Question: The reform movements that began in many Latin American economies in the late 1980s favored A) ... (Read 136 times)

kwoodring

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The reform movements that began in many Latin American economies in the late 1980s favored
 
  A) competitive devaluations.
  B) stronger military budgets.
  C) imports substitution policies.
  D) a stronger role for markets and more openness.

Question 2

External debt is not usually a problem for high-income countries for which of the following reasons?
 
  A) High-income countries take out loans denominated in their own currency.
  B) High-income countries do not need to borrow.
  C) High-income countries are too large to default on loans.
  D) High-income countries use loans to build infrastructure and create economic growth.



GCabra

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Answer to Question 1

D

Answer to Question 2

A



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GCabra

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