Political Science · International Relations
As a development model, neo-liberalism in international relations refers to the:
ARejection of structuralist economics in favour of the Washington Consensus
BConception of freedom as an overarching social value
CPrivatization of public economic sectors
DAll of these ✓ Correct
Correct answer: (D) All of these — Neo-liberalism as a development model covers all these, so the answer is all of these.
Explanation
★Neo-liberalism as a development model covers all these, so the answer is all of these.
★It rejects structuralist economics in favour of the Washington Consensus.
★It treats individual economic freedom as an overarching value.
★It calls for the privatization of public economic sectors.
★It favours free markets, open trade and a limited state.
★So all three statements describe the neo-liberal development model.
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