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A Large-Scale Influx of Foreign Capital into Latin America Did

Question 41

Multiple Choice

A large-scale influx of foreign capital into Latin America did not occur in the first half of the nineteenth century because


A) severe depressions in Europe restricted export of capital from that area.
B) political disorder in Latin America discouraged foreign investment.
C) European capitalists preferred to send their capital to Africa and Asia.
D) Latin American nationalistic legislation discouraged foreign investment.

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