This theory investigates the economic and political hierarchy that links all economies into a global system.

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The theory that investigates the economic and political hierarchy linking all economies into a global system is the world system theory. The theory suggests that there are core, periphery, and semi-periphery countries in the global economic system, with core countries dominating and exploiting those in the periphery and semi-periphery. The theory seeks to explain the ongoing economic inequalities between countries and the exploitation of less developed countries by more developed ones.

This Theory Investigates the Economic and Political Hierarchy That Links