(Ravenhill, pg. 15).
7. Dependency Theory – The rules of the game disadvantage poor countries (periphery) through deliberate utter exploitation by rich industrialized countries (core). A spin off of Marxian like Lennon revision of Marx and the ability of greedy capitalist countries to offset their internal convictions by gobbling up the world (Notes).
8. Triffin Dilemma - The Triffin Dilemma of the 1950’s stated that the BWS design would run into a confidence problem. It would work as long as the…
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