Chantelle argues that development in the global south is being hindered by the unequal exchange between the developed countries and the countries seeking to develop. Which of the following theoretical approaches provides a basis for her position?
A) stunted-economy theory
B) globalization theory
C) dependency theory
D) modernization theory

Question

Quizplus · Accepted Answer

Dependency theory argues that developed countries exploit developing countries by providing less favorable terms of trade, thereby hindering their economic development. This unequal exchange leads to the dependency of developing countries on developed countries for economic growth. Chantelle's argument aligns with this perspective.

Chantelle Argues That Development in the Global South Is Being