Policies That Require Countries to Privatize State-Run Firms, End Subsidies

question 4

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)neomercantilism.
• E)export industrialization programs.

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Definitions:

Slot Machine

A gambling device operated by inserting coins into a slot and pulling a handle or pushing a button to activate one to three or more reels marked into horizontal segments by varying symbols.

Banana Chips

Thinly sliced bananas that are dried, and often sweetened or honey-coated, serving as a snack.

Behavior

The actions, reactions, or functioning of an organism, typically in response to its environment or stimuli.

Salivate

The secretion of saliva from the salivary glands in the mouth, often triggered by the sight, smell, or thought of food.