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:

Vertical Merger

A merger between companies in the same industry but at different stages of the production process, aiming to increase synergies and efficiency.

Antitrust Regulation

Laws and policies designed to promote fair competition for the benefit of consumers, by regulating anti-competitive practices and preventing monopolies in industries.

European Commission

An institution of the European Union responsible for proposing legislation, implementing decisions, and managing the day-to-day business of the EU.

Exxon And Mobil

Refers to the merger between Exxon and Mobil, two major oil companies that combined in 1999 to form ExxonMobil, the largest privately owned oil company in the world.