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What Was a Major Consequence of the Structural Adjustment-Type Bailout

Question 62

Multiple Choice

What was a major consequence of the structural adjustment-type bailout program in Middle and South America?


A) The number of people living in poverty declined.
B) Public spending on public health,education,and infrastructure was reduced.
C) Large U.S.investment houses suffered huge losses that were not recovered.
D) High-tech industries began to flourish in the region.

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