A major trend of privatization in foreign markets began in the 1990s.

Name: A major trend of privatization in foreign markets began in the 1990s.
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The statement is true. A significant wave of privatization occurred in foreign markets during the 1990s, driven by the neoliberal economic policies popular at the time. Many formerly state-owned companies and industries were sold off to private investors, leading to significant changes in economic structures and the global business landscape.

A Major Trend of Privatization in Foreign Markets Began in the 1990s