Examlex
The acronym PAC stands for________.
Neoliberal Globalization
Neoliberal globalization refers to the worldwide economic integration driven by liberal policies that favor free-market capitalism, reducing trade barriers and encouraging international investment and growth.
Dependency Theorist
An individual who advocates for the dependency theory, which suggests that economic conditions in poorer countries are a result of the exploitation and dependence created by richer countries.
Modernization Theorist
An expert or advocate for the perspective that societies develop in linear stages towards achieving stable and prosperous democracies.
International Trade
The exchange of goods, services, and capital across international borders or territories.
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