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Transnational Organizations, Such as the International Monetary Fund and the World

Question 37

Multiple Choice

Transnational organizations, such as the International Monetary Fund and the World Bank, play an important role in maintaining developing nations' economic dependence on the former colonial powers. From this perspective, globalization


A) contributes to development in the Third World.
B) places a financial burden on wealthy nations.
C) continues the legacy of colonialism.
D) contributes to growth and prosperity around the world.

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