ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Semi-peripheral countries (e.g., South Korea, Taiwan, Mexico, Brazil, India, Nigeria, South Africa) are less developed than core nations but more developed than peripheral nations. They are the buffer between core and peripheral countries.

Detailed explanation-2: -Semi-peripheral countries contribute to the manufacturing and exportation of a variety of goods. They are marked by above average land mass, as exemplified by Argentina, China, India, Brazil, Mexico, Indonesia, and Iran.

Detailed explanation-3: -Mexico’s economy also relies heavily one exports of their crops like produce such as avocados. Since Mexico relies on international exports and international labor, they are still considered to be a semi-periphery country.

Detailed explanation-4: -Modem world-system theory provides a clear approach for examining historical Brazil as a component of the capitalist world-economy. Within this system, Brazil currently functions as a semiperipheral nation since it has areas in which poverty is rampant alongside a strong internal Page 6 economy and industrial sector.