How could unequal trade terms affect development of newly independent countries?
Answer and explanation
Correct answer: Low prices of raw materials and high prices of finished goods could increase dependence
Unequal trade could weaken developing countries. For exams remember difference between raw materials and finished goods.
Frequently asked questions
What is the correct answer to this question?
Low prices of raw materials and high prices of finished goods could increase dependence
Why is this the correct answer?
Unequal trade could weaken developing countries. For exams remember difference between raw materials and finished goods.
Which subject and chapter does this question cover?
This is a Class 10 General Knowledge question. Chapter: World History. Topic: Colonization and Decolonization.
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