History Question (I don\'t see a history tab) I also know that A is not an answe

Question

History Question (I don't see a history tab)

I also know that A is not an answer. Thank you!

Which is not part of “structuralism” as argued by Prebisch?

A) Global economic imbalances drain wealth from non-industrial countries and keep them technologically backward

B) An increase in international trade will minimize global inequities

C) The competition among numerous agriculture-producing countries drives down export prices

D) The limited number of manufacturing countries allows them to control export prices

Explanation / Answer

Answer.

The correct answer is B as it does not describe structuralism as delineated by Prebisch. Economic Structuralism is based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialized products. Statement B however describes exactly the opposite of Prebisch’s argument.

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