What Is the Washington Consensus

Multiple Choice

What is the Washington Consensus?

A) A document that outlines how to keep the United States the dominant world power.
B) A set of policies advocated by developed countries that are intended to help less developed countries grow their economies.
C) A policy by the United States that allows for infant industry protection by emerging economies.
D) An international movement to encourage democratization in less developed countries, as democracy is a fundamental stepping stone to development.
E) An international agreement by developed countries not to import goods from countries that have poor working conditions.