Question

A key reason why Latin American rejected the Inter-American development Bank was that 
 

• A. it primarily provided money for social reform subsidies.
• B. the moneys provided were only for specific performance projects.
• C. it constituted an extension of the Marshall Plan into Latin Americ(a)
• D. it was being used as a means to control the economic destiny of Latin Americ(a)

Hint:

"Economic imperialism" is the key phrase to decode Latin American resentment toward U.S.-led economic plans.

Answer 1

The Correct Option is D

- Step 1: The passage states that Americans saw the investments as economic ai(d)
- Step 2: However, many Latin Americans viewed it as "economic imperialism" - a form of control over their economies.
- Step 3: This sentiment made them wary of institutions like the Inter-American Development Bank.
- Step 4: Hence, the rejection was due to fears of foreign control, not issues related to subsidy types or project limitations.