Exam 15: Trade and Policy Reform in Latin America

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Alan Garcia

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Latin American economies have become relatively more closed to international trade since 1985.

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Private capital flows in the form of both direct and portfolio investment began to return to Latin America after 1989,effectively marking the end of the Lost Decade.

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The accumulation of international debt increased the debt service requirements of the indebted countries.After the debt crisis began,this caused

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While the Brady Plan did not end the debt crisis,it was a significant step toward greater stability in the Latin American region.

(True/False)
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