Policies That Require Countries to Privatize State-Run Firms, End Subsidies

Multiple Choice

Policies that require countries to privatize state-run firms, end subsidies, reduce tariff barriers, shrink the size of the state, and welcome foreign investment are sometimes known as:

A) import substitution programs.
B) structural adjustment programs.
C) service-sector growth programs.
D) neomercantilism.
E) export industrialization programs.