A Situation Where Poorer States Are Vulnerable to Sudden Fluctuations

question 52

Multiple Choice

A situation where poorer states are vulnerable to sudden fluctuations in richer economies and dependent on the export of raw materials, whose prices often stagnate or decline, while prices for the manufactured products they import invariably increase is called

• A) economic dependency .
• B) rentierism.
• C) interdependency.
• D) economic addiction.
• E) mercantilism.

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Definitions:

Western Coast

The land along the western edge of a continent that borders an ocean or sea.

Eastern Coast

Refers to the eastern seaboard or boundary of a continent or country, facing an ocean or sea.

Air Masses

Large volumes of air defined by their temperature and humidity characteristics, forming the basis of weather patterns.

Equator

The Equator is an imaginary line around the Earth's surface located equidistant from the North and South Poles, dividing the Earth into the Northern and Southern Hemispheres.