What Do Dependency Theorists See as the Major Element Explaining

question 34

Multiple Choice

What do dependency theorists see as the major element explaining international economic development?

• A)Rich countries exploit the poor ones.
• B)Rich countries help the poor ones reach prosperity.
• C)Rich countries have a mission to civilize poor countries.
• D)Rich countries use their institutions to spread influence among poor countries.
• E)Rich countries have a compelling interest to modernize the poor ones.

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Definitions:

Step Acquisition

The process of acquiring control over an investee in stages or steps over time, ultimately leading to consolidation.

Noncontrolling Interest

A shareholder's equity in a corporation that is less than the threshold required for control usually presented in consolidated financial statements.

Fiscal Year

A 12-month period used for accounting purposes and preparing financial statements, differing from the calendar year for some organizations.

Consolidated Financial Statement

A comprehensive financial statement that presents the overall financial position of a parent company and its subsidiaries as one single entity.