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Dependency Theory and Global Trade

Dependency Theory examines the economic relationships between wealthy and poorer nations, asserting that the former exploit the latter through trade and investment practices. This theory highlights how poorer countries often lack the resources and industrial capacity necessary for self-sustained growth, leading to a cycle of dependency and debt. Understanding this theory is crucial in sociology as it sheds light on the systemic issues contributing to global poverty and economic inequality.

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1

Which of the following best describes the concept of economic exploitation as it relates to Dependency Theory in global trade?

Wealthy countries often take resources from poorer countries. Other options are incorrect because This idea suggests that all countries have the same ...

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2

In the context of Dependency Theory, how does the core-periphery model illustrate economic dependency between nations?

Core countries take resources from peripheral countries. Other options are incorrect because This option suggests that trade is fair and balanced; Thi...

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3

How does Dependency Theory explain the persistence of inequality in global trade relationships between developed and developing nations?

Dependency Theory says that developing countries rely on developed countries for important resources and markets. Other options are incorrect because ...

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4

How do multinational corporations exemplify Dependency Theory in the context of global trade under neoliberal policies?

Multinational corporations often take resources from poorer countries. Other options are incorrect because Some might think that these companies help ...

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5

According to Dependency Theory, how do trade imbalances contribute to the perpetuation of underdevelopment in less developed countries?

Trade imbalances mean that poorer countries rely on richer ones for goods. Other options are incorrect because Some might think trade imbalances make ...

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6

What does Dependency Theory suggest about the relationship between developed and developing countries in global trade?

Dependency Theory says that developing countries rely on developed countries for money and technology. Other options are incorrect because Some might ...

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7

In the context of Dependency Theory, which of the following best describes the core-periphery model?

Peripheral countries are often poorer and supply raw materials to richer core countries. Other options are incorrect because This option suggests core...

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8

Which of the following best describes the concept of economic exploitation as it relates to Dependency Theory in global trade?

Wealthy countries often take resources from poorer countries. Other options are incorrect because This idea suggests that every country has the same c...

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9

How does Dependency Theory explain the economic relationship between wealthy and poorer nations?

Dependency Theory says that poorer nations often get taken advantage of in trade. Other options are incorrect because This idea suggests that rich cou...

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10

Dependency Theory is to economic exploitation as __________ is to __________.

Core countries are powerful and often take resources from weaker nations. Other options are incorrect because Some might think self-sufficiency means ...

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11

Which of the following statements accurately reflect the principles of Dependency Theory in relation to global trade? Select all that apply.

Dependency Theory explains how poorer nations rely on wealthier ones, but none of the statements reflect this accurately. Other options are incorrect ...

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12

How does Dependency Theory explain the economic relationship between core and peripheral nations?

Peripheral nations depend on core nations for resources. Other options are incorrect because This suggests core nations help peripheral nations grow o...

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13

What is the primary reason poorer countries often remain economically dependent on wealthier nations, leading to ongoing cycles of debt and poverty?

Poorer countries often do not have the factories or resources needed to grow their own economies. Other options are incorrect because Some might think...

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14

A small country, reliant on exporting raw materials to wealthier nations, is experiencing a decline in its economy due to fluctuating global prices. Based on Dependency Theory, which of the following actions would most effectively help this country reduce its dependency on wealthier nations?

Building local industries helps the country process its own resources. Other options are incorrect because Simply selling more raw materials does not ...

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15

Order the following stages in the Dependency Theory framework that describes the relationship between wealthy and poorer nations: A) Wealthy nations exploit poorer nations through trade practices B) Poor nations become increasingly dependent on foreign aid and investment C) Economic growth in poorer nations is stunted due to a lack of resources D) Wealthy nations maintain their economic dominance over poorer nations

Wealthy nations first exploit poorer nations through unfair trade. Other options are incorrect because This order suggests that dependence comes befor...

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16

Which of the following examples best illustrates the concept of Dependency Theory in global trade?

Dependency Theory explains how poorer countries rely on richer ones. Other options are incorrect because Some might think that giving aid helps a coun...

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17

According to Dependency Theory, poorer nations are often economically __________ on wealthier nations due to exploitative trade practices.

Poorer nations depend on wealthier nations for resources and trade. Other options are incorrect because Some might think poorer nations can stand alon...

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