Which of These Statements About the World Economic System of Core

question 25

Multiple Choice

Which of these statements about the world economic system of core, semiperipheral, and peripheral countries is true?

• A) Everyone in core countries benefits from the world system.
• B) Exploitation keeps peripheral countries from developing.
• C) No one in peripheral countries benefits from the world system.
• D) Core countries often nurture the development of peripheral countries.

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Definitions:

Countercyclical Sales

Countercyclical sales refer to revenues generated from products or services whose demand increases during economic downturns, opposite to the general market trend.

PEST Analysis

A strategic tool used to analyze a company's external environment in four areas: Political, Economic, Social, and Technological factors.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.