In the 1980s and 19990s which countries experienced increasing inequality due to openness in free trade and foreign investment?
A)China
B)Chile
C)Mexico
D)Malaysia
E)all of the above

Question

Quizplus · Accepted Answer

All of the above countries experienced increasing inequality due to openness in free trade and foreign investment during the 1980s and 1990s. In China, economic liberalization policies led to significant income inequality, with coastal regions seeing more benefits than rural areas. In Chile, the policy of free trade and market-oriented reforms produced economic growth, but also exacerbated income inequality between the rich and the poor. Similarly, in Mexico, the North American Free Trade Agreement (NAFTA) led to increased investment and trade, but also contributed to rising income inequality. In Malaysia, while liberalization policies brought economic growth, social inequalities widened as the benefits were concentrated among the urban population and foreign investors.

In the 1980s and 19990s Which Countries Experienced Increasing Inequality