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Which of the Following Best Describes the Economic Strategy Adopted

Question 22

Multiple Choice

Which of the following best describes the economic strategy adopted by the ANC in 1996?


A) a purely statist model with a near-total reliance on command and control planning
B) liberal market policies domestically, but with high tariff barriers and a rejection of international investment
C) strongly socialist policies with an expanding welfare state
D) mildly mercantilist, with a focus on import substitution industrialization
E) liberal macroeconomic structural adjustment with greater limits to the role of the state

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