According to Dependency Theory, Poor Countries Have Become Dependent on Rich

question 26

Multiple Choice

According to dependency theory, poor countries have become dependent on rich nations because

• A)they sell raw materials to rich nations.
• B)rich countries bring tourism dollars.
• C)rich nations buy their manufactured goods.
• D)All of these are correct.

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Definitions:

Cash Flow

The total financial movement entering and exiting a business, substantially affecting its operational liquidity.

Present Value

The current value of a future amount of money or a series of future payments, discounted at a specific rate.

Future Value

The value of an asset or cash at a specific date in the future that is equivalent in value to a specified sum today.

Precedent

A legal decision or form of proceeding serving as an authoritative rule or pattern in future similar or analogous cases.