Dependencia theory holds that ________.
A)countries should seek to diversify their economies
B)low-income countries have practically no power in dealings with MNEs
C)in a globalized world, no nation can be independent economically or politically
D)there is a natural division of labor whereby developing countries depend on production using fairly unskilled labor and developed countries depend on highly educated workers

Question

Quizplus · Accepted Answer

Dependency theory argues that low-income countries are highly dependent on more powerful, developed countries and multinational corporations for economic development and prosperity. Therefore, they have practically no power in dealings with MNEs.

Dependencia Theory Holds That ________