According to Patten in "Malawi Versus the World Bank," the "Washington Consensus" required countries that borrowed money from the World Bank and IMF to
A) privatize state-owned enterprises.
B) increase spending on health and education.
C) limit their trade with foreign markets.
D) use public monies to subsidize commodities.

Question

Quizplus · Accepted Answer

Patten argues that the "Washington Consensus" required countries to privatize state-owned enterprises as part of the conditions for borrowing money from the World Bank and IMF.