Which of the Following Policies Was NOT Supported by the Washington

question 12

Multiple Choice

Which of the following policies was NOT supported by the Washington Consensus?

• A) Elimination of tariffs.
• B) Privatization of public enterprises.
• C) Restricted movement of capital from developed to developing nations.
• D) Fiscal discipline in government spending.

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Definitions:

Surprise

A sudden and often unexpected event that necessitates an immediate and adaptative response from the affected parties.

Inertia

In physics, the tendency of an object to resist any change in its motion, including a change in speed or direction; in a figurative sense, a resistance to change or action.

Poor Timing

Instances where actions or decisions are made too early or too late, leading to suboptimal outcomes.

Lack of Trust

A situation or relationship in which confidence or belief in reliability, truth, ability, or strength of someone or something is absent or diminished.