THE DECLINE IN FDI FLOWS IN 2002 WAS ALMOST ENTIRELY DUE TO THE DE...

22. The decline in FDI flows in 2002 was almost entirely due to the decline in flows to Latin America and the Caribbean. This decline was due to ___. A. the regional recession undermined investment incentives B. fewer large mergers and acquisitions C. the process of privatization had moved towards completion * D. all of the above E. none of the above