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10 cards from this deck
Lower Income Developing Countries
Unfair trading patterns and mounting debt burdens
ACs: high-value manufactured goods; LIDCs: natural commodities
Transnational Companies that control most international trade
When LIDCs spend more on imports than they earn from exports
Prices fluctuate dramatically, making economic planning difficult
When a country borrows money and must repay it with interest
Healthcare, education, infrastructure, social welfare
Debt cuts investment, prevents development, keeps countries poor
Less money overall; basic needs unmet; trapped in poverty cycle
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