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Institutions Developing in a Globalized World Practice Test
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Q1
In the late twentieth century, many countries adopted policies reducing trade barriers, privatizing state industries, and limiting welfare spending. Proponents argued these reforms would attract investment and integrate economies into global markets. Which term best describes this policy package?
In the late twentieth century, many countries adopted policies reducing trade barriers, privatizing state industries, and limiting welfare spending. Proponents argued these reforms would attract investment and integrate economies into global markets. Which term best describes this policy package?