Increasing globalization and international privatization has forced many developing countries to sell national institutions to ______.
A) pay down debt
B) purchase natural resources
C) attract corporate investors
D) reward workers

Question

Quizplus · Accepted Answer

Increasing globalization and international privatization often lead developing countries to sell national institutions primarily to pay down debt. This is a common strategy to manage or reduce national debt levels by generating immediate revenue through the sale of state-owned assets.

Increasing Globalization and International Privatization Has Forced Many Developing Countries