Economics · Economic Policies
What was the main economic policy orientation promoted by the 'Washington Consensus'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Strengthening state control and command over industries
- 2Privatization, deregulation, and liberalization of the economy✓
- 3Promoting import substitution and high tariff walls
- 4Expanding public sector monopolies in utility services
Correct answer
Privatization, deregulation, and liberalization of the economy
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