1. ECLAC
ECLAC maintains country offices in Bogotá, Brasilia, Buenos Aires and Montevideo, and a liaison office in Washington, D.C. ... Specifically, industrialized nations were selling increasingly expensive manufactured goods to the periphery in return for raw materials at increasingly unfavorable terms of trade for underdeveloped countries. ... Economic exploitation and political manipulation by rich countries presented a good explanation for the underdeveloped condition of many Latin American countries. ... While dependency theory highlights some truths - e.g., the consequences, particularly...
- Word Count: 1742
- Approx Pages: 7
- Has Bibliography
- Grade Level: Undergraduate