Which term describes nations that lack dominant power but can still produce and export goods?

The term that describes nations that lack dominant power but can still produce and export goods is semi-periphery nations. These nations occupy an intermediary position in the global economic system. They are not as wealthy or powerful as core nations, which are typically in control of global markets and trade, but they are more developed than peripheral nations, which are often reliant on agriculture and raw material extraction without significant capacity for industrial production.

Semi-periphery nations play a crucial role in the global economy as they engage in both manufacturing and exporting goods, thus participating in international trade and contributing to the overall economic dynamics. This category includes countries that have some level of industrialization and can produce a range of goods, thereby enabling them to maintain some economic autonomy and resilience.

In contrast, core nations are characterized by their dominance in global trade and wealth, while peripheral nations often depend on the core for market access and technology. Industrial nations is a broader term that could refer to core nations but does not specifically capture the nuances of economic positioning that characterize semi-periphery nations. Therefore, the proper classification of nations with limited power but the ability to produce and export goods aligns with the semi-periphery designation.