Which of the following statements is not true regarding the majority of Latin American countries?
A) governments are selling state-owned enterprises to private investors
B) foreign investment is welcome
C) debt and inflation are down
D) neither democracy nor free market reforms have seemed to take hold
E) None of these answers is correct

Question

Quizplus · Accepted Answer

Many Latin American countries have transitioned to democracy and have implemented free market reforms, such as privatization and foreign investment. Additionally, debt and inflation rates have decreased in recent years. Therefore, the statement that neither democracy nor free market reforms have taken hold is not true.

Which of the Following Statements Is Not True Regarding the Majority