Why Are the 1980s Known in Latin America as the "Lost

Why are the 1980s known in Latin America as the "lost decade"?

A) Latin America and other developing regions lost faith in free-trade principles and increased protectionism.
B) Income and investment in Latin America declined dramatically.
C) Taxpayers in Europe lost millions of dollars bailing out banks.
D) Banks in the United States and Europe lost millions of dollars because of bad loans to developing countries.