Which of the Following Might Be a Washington Consensus Policy

question 35

Multiple Choice

Which of the following might be a Washington Consensus policy recommendation to a less-developed country that would be opposed by a supporter of import substitution policy?

• A) investing heavily in domestic agriculture
• B) raising tariffs to reduce foreign imports
• C) reducing state power
• D) promoting private domestic industry

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Definitions:

Moss Kanter

Refers to Rosabeth Moss Kanter, a professor of business at Harvard Business School, known for her research and writing on business management, particularly on change management and organizational behavior.

Powerful People

Individuals who possess significant influence, authority, or control over others in various contexts, including political, social, and organizational settings.

Empower Individuals

The process of giving employees or members of an organization more power and responsibility to make decisions and contribute to its success.

Jay Conger

An academic and author recognized for his research on leadership, influence, and organizational behavior.