Advocates of Dependency Theory Assert That

question 18

Multiple Choice

Advocates of dependency theory assert that

• A) poor countries are hampered from participating in free trade because of a lack of transportation infrastructure.
• B) the high rate of poverty in poor countries is attributed to underdeveloped markets and the lack of property rights.
• C) trade based on comparative advantage benefits developed countries at the expense of poor countries.
• D) the key reason why poor nations have been slow to industrialize is because of persistent misallocation of resources.

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Definitions:

Income Taxes

Taxes levied by the government on individuals or corporations' net income or profit.

Straight-Line Depreciation

A method of allocating the cost of a fixed asset evenly over its useful life.

Operating Cash Inflow

Funds generated from a company's normal business operations, reflecting its ability to generate cash from selling goods or services.

Income Tax Rate

The percentage at which an individual or corporation is taxed on their income by the government.