Answer:
B- neoliberalism
Explanation:
You see liberal means open handed, the idea of neoliberalism originated as a revamped classical liberalism. See classical just means ancient or first form of something in this context and in human history there have been different periods like classical, renainsance etc. The concept of 'neo' means a new form of something which is usually advanced from different development of societies. The basis idea of neoliberalism is a proponent for free trade as it relates to political economy which is instituted through policy formulation.