In the past two decades, the majority of Latin American countries have

QUESTION

In the past two decades, the majority of Latin American countries have:

A. experienced a decline in the health of their economies.

B. sold state-owned enterprises to private investors.

C. been characterized by low growth, high debt, and hyperinflation.

D. restricted investment by foreign firms.

E. discouraged both democracy and free market reforms.

ANSWER

B
In the past two decades, much has changed in Latin America. Debt and inflation are down, governments have sold state-owned enterprises to private investors, foreign investment is welcomed, and the region’s economies have expanded.