According to Dependency Theorist,multinational Corporations and Rich Countries Continued Their

question 61

Multiple Choice

According to dependency theorist,multinational corporations and rich countries continued their exploitation of the poor countries in the postcolonial period by

• A)giving economic aid to the poor
• B)building schools and hospitals
• C)supporting local authoritarian governments
• D)teaching English to the former colonists
• E)all of these choices

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Definitions:

Net Capital Outflow

The difference between the domestic savings of a country and its domestic investments, representing the amount of capital that leaves a country to be invested abroad.

Domestic Investment

The total amount of money that is invested within a country's borders by both public and private entities.

Real Exchange Rate

The rate at which a person can exchange the currency of one country for goods and services of another country, adjusted for price level differences.

Euros

The authorized monetary unit of the eurozone, adopted by 19 out of the 27 member states of the European Union.