POL223

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

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

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

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

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

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

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

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

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

J. Nkrumah defined _______ as the last stage of imperialism

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

L. Contemporary globalization is said to be _________ based

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

N. ________ exploits the metropolitan centre of the underdeveloped country

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

P. Lenin described imperialism as _________ stage of capitalism

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

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

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

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

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

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

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

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

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

Z. __________ constitutes the decisive factor of the production process

AA. _________ 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

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

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

AD. ________ was the first European colonial power in Africa

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

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

AG. Man's inclination to injustice makes democracy __________

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

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

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

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

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

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

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

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

AP. _________ is regarded as religion without a god

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

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

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

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

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

AV. ________ exercise political power in neo-colonial states

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

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