Discuss the below in a 300 words:
Q: During the Cold War, dependency theory became popular among Latin American IR scholars, which they used it to explain how their countries continued to be underdeveloped even though formal colonialism was long gone. By considering the propositions of Marxist school in IR, please explain why Latin American scholars adopted this particular theory. Can you think of any countries in contemporary Latin America, which still use this perspective in their foreign policy?