What concept refers to a global economy in which multinational corporations exploit people in low-income nations?

A. colonialism

B. corporate slavery

C. neocolonialism

D. international bondage

The correct answer is (c.) neocolonialism. Neocolonialism concept refers to a global economy in which multinational corporations exploit people in low-income. Neocolonialism uses capitalism, globalization and cultural imperialism to give influence in a certain country through direct military control or indirect political control.