The Washington Consensus is:
a set of guidelines to be followed for war
a group of people who get together to discuss issues related to development of the United States
a set of norms to regulate prices of export services
a set of economic reforms to be followed by developing countries
The Washington Consensus is a set of economic reforms to be followed by developing countries in order to avoid economic and financial crises.
A ___ is referred to a group of people living together governed by a common set of rules and regulations.
the most appropriate option.
The past two decades of globalisation has seen rapid movements in
goods, services and people between countries.
goods, services and investments between countries.
goods, investments and people between countries.
The most common route for investments by MNCs in countries around the
world is to
set up new factories.
buy existing local companies.
form partnerships with local companies.
Globalisation has led to improvement in living conditions
of all the people
of people in the developed countries
of workers in the developing countries
none of the above