How does dependency create problems ? Flashcards

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1
Q

Terms of trade

A

Critical of capitalism, free-trade prevents the development of developing/emerging countries. So countries use tariffs as a form of incentive so that countries use their own-made, domestic products rather than imported products.

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2
Q

Cash crops

A

Ecuador is the 5th largest banana producer. Bananas grow on private plantations and are grown in the carribean. Cash crops are crops that were raised wi5 the intention of profitably selling them or exporting them

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3
Q

Manipulation

A

Large developed (core) countries exploit smaller ( developing / emerging ) countries by exporting high value manufactured goods and manipulating world trade organisations.

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