Neocolonialism Refers to

question 30

Multiple Choice

Neocolonialism refers to

• A)European colonization of Asia and Africa in the 1800s.
• B)the decline of former colonial powers.
• C)the continued economic domination and exploitation of former colonies.
• D)recolonization of a newly independent nation.

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Definitions:

Liberalization

The process of reducing government regulations and restrictions in an economy to encourage more business activities and investments.

GATT

General Agreement on Tariffs and Trade, a legal agreement minimizing barriers to international trade.

Tariff

A tax imposed on imported goods and services, typically to restrict trade, increase government revenue, or protect domestic industries.

Tuna Steaks

Thick cuts of tuna fish meat, often cooked by grilling, broiling, or searing, popular in various culinary traditions.