How did the International Monetary Fund and the World Bank advance neo-liberal economics?
a. By loaning money to developing nations without preconditions
b. By loaning money to developing nations that had state-run companies
c. By regulating the economies of developing countries
d. By loaning money to developing nations that privatized state-run companies, lowered protectionist tariffs, and cut taxes
Answer: d. By loaning money to developing nations that privatized state-run companies, lowered protectionist tariffs, and cut taxes
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