Question
In peripheral countries or regions all of the following are true EXCEPT:
they are all dependent on core countries for capital.
the term "peripheral" is necessarily synonymous with poverty.
most of the impoverished countries are in Africa.
there is a downward spiral to the bottom as peripheral states lower wages in order to compete with all other nations.
they are all dependent on core countries for capital.
the term "peripheral" is necessarily synonymous with poverty.
most of the impoverished countries are in Africa.
there is a downward spiral to the bottom as peripheral states lower wages in order to compete with all other nations.