In the twentieth century, Latin American governments' taxation and regulation of MNCs has:

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In the twentieth century, Latin American governments have increased their taxation and regulation of MNCs. This trend was particularly evident in the 1960s and 1970s when governments in the region nationalized foreign-owned oil, mineral, and other resources and imposed regulations on MNCs operating in the region. However, some Latin American countries have reduced their tax rates in recent years to encourage foreign investment.

In the Twentieth Century, Latin American Governments' Taxation and Regulation