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Commodity dependence is a high proportion of commodities in a country's exports. Therefore, a commodity-dependent country is a country in which commodities constitute the predominant share of its exports, that is when more than 60% of the merchandise a country exports, in value terms, are commodities.
This is best described by dependency theory, [2] which is one theory on how globalization can affect the world and the countries in it. It is, however, possible for periphery countries to rise out of their status and move into semi-periphery or core status.
Advanced Placement (AP) Human Geography (also known as AP Human Geo, AP Geography, APHG, AP HuGe, APHug, AP Human, HuGS, AP HuGo, or HGAP) is an Advanced Placement social studies course in human geography for high school, usually freshmen students in the US, culminating in an exam administered by the College Board. [1]
This era of human history found the semi-periphery concentrated in the area stretching from the Middle East to China, including India and the Mongol Empire, and it was the first time in history that the peripheries and semi-peripheries of the world became connected and involved in the trade of the world, both with cores and with each other. [7]
Export-oriented industrialization (EOI), sometimes called export substitution industrialization (ESI), export-led industrialization (ELI), or export-led growth, is a trade and economic policy aiming to speed up the industrialization process of a country by exporting goods for which the nation has a comparative advantage.
Economic interdependence is the mutual dependence of the participants in an economic system who trade in order to obtain the products they cannot produce efficiently for themselves. Such trading relationships require that the behavior of a participant affects its trading partners and it would be costly to rupture their relationship. [ 1 ]
Rancho Palos Verdes, about 30 miles south of downtown Los Angeles, faces damage from landslides as the region moves toward the ocean.
Alienability is the capacity of a given commodity to be separated, physically and morally, from its seller. If a commodity is not alienable, it cannot be exchanged and is thus shielded from the market. [4]: 279–80 [30] For example, human organs might be privatized (owned by their bearer) but very rarely would they be considered alienable.