The economic freedom of the world data indicate that during the past three decades, low-income developing economies have
A) moved toward more restrictive trade policies and followed monetary policies that were more inflationary.
B) moved toward more restrictive trade policies, but their monetary policies were less inflationary.
C) reduced trade restrictions, but followed more inflationary monetary policies.
D) reduced trade restrictions and followed monetary policies more consistent with price stability.
Correct Answer:
Verified
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