The Trickle-Down Theory of Development Argues That Global Trade Will

question 15

True/False

The trickle-down theory of development argues that global trade will widen the gap between the rich and the poor.

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Definitions:

Commercial Interests

Describes the business pursuits and ventures that aim at generating profit, particularly those involving trade and commerce.

China

A country in East Asia, the world's most populous nation, with a long history, rich culture, and significant global economic and political influence.

1899

A year noted for marking the end of the Spanish-American War with the signing of the Treaty of Paris, leading to Spain ceding control of its colonies.