The “Beijing Consensus” approach to economic development, a model based on China’s rapid economic growth, implies a. experimenti
ng with policies that are compatible with a state’s political structure and experience rather than with economic liberalism. b. working through the Association of Southeast Asian Nations (ASEAN) to pursue growth and development. c. applying liberal economic policies to East Asia to assist with development in that region. d. engaging in debt restructuring. e. not permitting private companies to function in the economy.
a. experimenting with policies that are compatible with a state’s political structure and experience rather than with economic liberalism.
Explanation:
The Beijing Consensus reflects a new approach to development based on China's model of economic growth. It is a non-liberal, state-driven view of development, in which development is seen as a process of structural transformation of society and cannot be confused or replaced by market economic policies. Thus, the central objective of the Beijing Consensus Chinese Development Policies is to create a development policy based on the experience of the state, within that country's political conformation, in order to link economic development to social and human development.
A prototype is a model built or used to test a concept, most especially new concepts. It is used to evaluate an idea, products or design, prototype can also be employed to help build information system around an initiative.
Explanation: The investing activities lists all of the purchases and sales of long-term fixed assets, such as equipment, building, land, and the purchase of shares.
