In the 1980s and 1990s, an Increasing Number of States

question 13

Multiple Choice

In the 1980s and 1990s, an increasing number of states removed the restrictions on capital flows, one by one, that had been part of every state's policies since World War II. Which is not a reason that states removed these controls?

• A)Actors who controlled a lot of capital put pressure on governments to allow freer movement.
• B)States removed these controls because allowing capital mobility provided access to massive amounts of international capital.
• C)The ideology of liberalization emerged.
• D)The WTO required free capital flow for membership.

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