Policies That Require Countries to Privatize State-Run Firms,end Subsidies,reduce Tariff

question 10

Multiple Choice

Policies that require countries to privatize state-run firms,end subsidies,reduce tariff barriers,shrink the size of the state,and welcome foreign investment are sometimes known as

• A) import substitution programs.
• B) structural adjustment programs.
• C) service-sector growth programs.
• D) export industrialization programs.

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Definitions:

Bushels

A unit of volume that is used to measure agricultural commodities in the United States.

Corn

A cereal grain primarily used as livestock feed, biofuel, and as a staple food in many parts of the world, significant in agricultural economics.

Cross-hedging

An investment strategy used to manage risk by investing in assets indirectly related to the primary exposure.

Hedging

A risk management strategy used to limit or offset the probability of loss from fluctuations in the prices of commodities, currencies, or securities.