A Major Element of Menem's Anti-Inflation Program in Argentina Was

question 21

Multiple Choice

A major element of Menem's anti-inflation program in Argentina was

• A) raising the minimum wage.
• B) a vast public works program.
• C) making the Argentine currency convertible in relation to the dollar.
• D) rejecting the demands of the IMF and the World Bank for removal of trade restrictions.

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Definitions:

Antitrust Policy

A set of laws and regulations aimed at promoting competition and preventing monopolies and unethical business practices.

Department of Justice

A U.S. government's federal department tasked with law enforcement and the management of justice.

Mergers

The process by which two or more companies combine operations, often to increase competitiveness or to expand market share.

Glass-Steagall Act

A law enacted in 1933 to separate commercial banking from investment banking, aimed at reducing conflicts of interest and systemic risks.