The reform movements that began in many Latin American economies in the late 1980s favored

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The reforms that began in many Latin American economies in the late 1980s favored a stronger role for markets and more openness. These reforms were commonly known as the Washington Consensus, which emphasized policies such as trade liberalization, deregulation, and privatization. The objective of these reforms was to create more efficient economies and attract foreign investment. Therefore, choice (D) is the best answer.

The Reform Movements That Began in Many Latin American Economies