What does the “Washington Consensus” refer to?

a. A belief in the superiority of economic reforms that reduced government economic intervention
b. A belief in the utility of trade quotas
c. A belief in the importance of the welfare state
d. A belief in economic benefit of low global interest rates

a. A belief in the superiority of economic reforms that reduced government economic intervention

Political Science

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Expenditures to meet coalmine-safety requirements may cause a reduction in mine output. This is an example of a(n) _______

a. indirect cost b. direct cost c. opportunity cost d. policy output

Political Science

Which of the following would be considered a middle power in the international system?

a. United States b. Russia c. Australia d. Guatemala e. Kuwait

Political Science