Using Dependency Theory, the Form of Dependency Being Employed When

question 47

Short Answer

Using dependency theory, the form of dependency being employed when wealthy corporations establish factories in the Southern Hemisphere to take advantage of cheap labor, gain access to local markets, and gain tax advantages, is ________.

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Definitions:

Fair Market Value

The amount for which a property would be sold in an open market transaction, involving a ready seller and a ready buyer, both possessing adequate awareness of the pertinent details.

Recovery

The action of regaining possession or obtaining compensation for a loss.

Recognizance

A legal obligation, acknowledged before a court, where an individual promises to adhere to certain conditions without the need for posting bail.

Acknowledges

The act of recognizing or admitting the existence or truth of something, often formally in writing.