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Wealthy nations often exploit poorer nations through unfavorable trade agreements.
Dependency Theory suggests that all nations are equally capable of achieving economic self-sufficiency.
Poorer nations are typically reliant on exports of raw materials to wealthier nations.
Economic growth in poorer countries can lead to reduced dependency on wealthy nations.
The semi-periphery countries play a significant role in bridging the core and periphery economies.
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Dependency Theory and Global Trade
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