The doctrine of neoliberalism asserts that underdeveloped countries can develop by freeing up markets and allowing foreign corporations to operate within their borders.Why might dependency theorists critique this idea?
A) Dependency theorists would argue that the only way for underdeveloped nations to develop is to borrow from foreign banks and not rely on corporations.
B) Dependency theorists would respond that low-income nations need revolutionary changes that would push out,rather than welcome,foreign corporations.
C) Dependency theorists would argue that foreign states provide a much more stable source for income for underdeveloped nations.
D) Dependency theorists would argue that the legacy of colonialism has already led to positive forms of development in low-income countries.

Question

Quizplus · Accepted Answer

Dependency theorists believe that foreign corporations exploit underdeveloped nations, perpetuating dependency and inequality, rather than fostering genuine development.

The Doctrine of Neoliberalism Asserts That Underdeveloped Countries Can Develop