POL223

A. The British colonization of Nigeria began with the conquest of ________

B. ________ exploits the metropolitan centre of the underdeveloped country

C. Intellectual precursors of classical political economy includes all but one, namely?

D. The conclusion that each historical epochs contains clashing forces or dialectics from which new epochs emerged was arrived at by _______

E. The 17th century globalization was in form of ________

F. Globalization of capital is said to date back to the _________ era

G. Nkrumah defined _______ as the last stage of imperialism

H. Ander Gunder Frank maintained that the developed capitalist countries were never underdeveloped rather they were at a point __________

I. What is regarded as periphery in the dependency theory is also known as _________

J. ___________ argued that one of the contradictions of capitalism is that while the surplus is produced by many it is appropriated by few

K. Another name for the International Bank for Reconstruction and Development is ___________

L. _________ first argued that the national wealth was maintained not through the accumulation of gold and silver but through the capital and goods, they could buy

M. Internationalisation of knowledge; open policies with respect to international trade are said to be examples of mechanisms of ____________

N. ________ exercise political power in neo-colonial states

O. The economic strategy underlying the relationship between colonies and colonizers during this era of classical imperialism is regarded as ________

P. Marx believed that the class conflict between the capitalist and proletariat would lead to ________

Q. _____________ outlined five stages which societies pass through on their way to development

R. According to Karl Marx, all commodity value is determined by ________

S. Taubman Goldie's strategy for eliminating Africans from the lucrative trade in the Niger Delta was through ___________

T. ________ was the first European colonial power in Africa

U. The second trend in the understanding of developement focused on ________

V. Ander Gunder Frank maintained that economic development in the periphery can only occur independent of __________

W. Nkrumah conceived _________ as the embodiment of Clientele sovereignty or fake independence

X. __________ held that the national metropole also exploit the national satellite

Y. In a capitalist society _________ is bigger between actual economic surplus and potential economic surplus

Z. Business conglomerates that have their operations across national boundaries are called _______________

AA. The end of the ___________ resulted in the first international monetary system

AB. __________ constitutes the decisive factor of the production process

AC. ________ is regarded as the foreign political domination and subordination of oversea territories for effective economic exploitation

AD. IMF, World Bank, GAAT are examples of ________

AE. Lenin described imperialism as _________ stage of capitalism

AF. King Leopold of Belgium is said to have reduced the population of Congo to 10 million from ________ million within a decade

AG. Which of the following is not among the indicators of development

AH. Which of these is not among the motivations of multinational corporations?

AI. In the international capitalist division of labour manufacturing is monopolized by ___________

AJ. The bloody, one-sided war to enthrone and sustain imperialism was described by Otto Von Bismarck as _______

AK. Contemporary globalization is said to be _________ based

AL. ________ is regarded as the long-term direction of all social change

AM. _________ is regarded as religion without a god

AN. The drive to accumulate _________ is responsible for exploitation of the satellite by the metropole

AO. The First Afro-Asian and Latin American People’s Solidarity Conference was held in 1966 in the city of ______

AP. The first international monetary system was based on ________ and _________

AQ. Prior to 1960 which currency was upgraded as gold for reserve currency?

AR. Colonialism was considered as the logical consequence of the end of __________

AS. The establishment of IMF was based on the suggestion of _________

AT. Ander Gunder Frank held there is no _________ rather what exists as such are simply sector of global capitalist economy

AU. Man's inclination to injustice makes democracy __________

AV. The owners of the means of production, that is, the propertied class in a capitalist society are called ___________

AW. The development which meets the needs of the present without compromising the ability of future generations to meet their own needs is known as _________

AX. Critics maintain that emergent international monetary system exist to respond to the needs and policies of world ________