Yes.
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No, it's not a latex base.
no
It's primer made with a latex or acrylic base. You can use any kind of paint over this.
Latex paint has Acrylic in it. Some paints have more than others, it affects the drying time. Use either one, it will not affect the finish look.
Acrylic paint (latex) will lift if rubbed with an alcohol soaked rag, cotton ball, etc.