Which of the following statement is correct? Select one: a. In Latin America, th

Question

Which of the following statement is correct?

Select one:

a. In Latin America, the growth was best promoted by an export-substitution development strategy characterized by extensive individual property ownership policies.

b. Whether private enterprise is considered a necessary evil to be eliminated as soon as possible or whether it is actively welcomed is one of the more subjective measures of political risk.

c. A large government surplus relative to GDP and a low rate of money expansion accompanied by floating exchange rates are some of the common characteristics of country risk.

d. All the answers are incorrect.

e. In Latin America, the growth was best promoted by an export-substitution development strategy characterized by extensive individual property ownership policies.

Explanation / Answer

a or e both are correct as per the question

Reason

In Latin America, the growth was best promoted by an export-substitution development strategy characterized by extensive individual property ownership policies.

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