Which best describes the challenge faced by developing countries that depend on the international sale of one natural resource?

Answers

Answer 1

Question:

Which best describes the challenge faced by developing countries that depend on the international sale of one natural resource?

A) Lack of diversification

B) Stagnant prices

C) Declining stocks

D) Increased competition

E) Lack of manufacturing

Answer:

The correct answer is A) Lack of Diversification

Explanation:

Economies that suffer from the above-described problem are referred to in economic parlance as Mono-product economies.

In real-world scenarios, many countries which are described with the above term actually have the capacity to produce and export other products. But for some reasons such as politics, poor governance, poor leadership, lucrativeness or productivity of the primary product, etc they are content to explore and export one product which constitutes between 75-100% of their gross national revenue.

Examples of such countries are:

Nigeria (Primary Product - Crude Oil products)Zambia (Primary Product - Refined and Unrefined Copper)Venezuela (Primary Product - Crude Oil products) andAngola (Primary Product - Mineral Fuels...especially crude oil)

Cheers!


Related Questions

Which of the following correctly identifies an example of an endocrine disruptor and the effect it might have on the
human body?
A) high levels of lead in drinking water could lead to neurological damage
B) exposure to radon in indoor air is linked to increased rates of lung cancer
C) phthalates in cosmetics and shampoos reduce fertility
D) The bacterium E. coli found in vegetables causes abdominal cramping and vomiting

Answers

Answer:

a

Explanation:

high level of lead in drinking water could lead to neurological

20
11. Which of the following combinations of
changes in government spending and taxes is
necessarily expansionary?

Answers

taxes rate n inflation ,exese tax

How can classical conditioning be used to counterconditioning an unwanted response?

Answers

It replaces the unwanted response

Judy sees her friend being admired by peers for bullying a smaller child. She
then also bullies the same smaller child. This is an example of

Answers

Answer:

Vicarious conditioning

Explanation:

Vicarious conditioning can be defined as learning by observing the reactions of others to an environmental stimulus that is salient to both the observer and the model. Vicarious conditioning is a particularly important process in observational learning

ASAP plss help me with question 18 I will give brainlest plss

Answers

Answer:

18) a) The zone of intolerance is the zone that contains non of the organism or species, it is the zone where the organism in the population cannot survive

Example; Living organisms that breath oxygen cannot survive in a place with no oxygen which is an intolerable zone to such organisms

b) The zone of physiological stress are the ecological zones where only a few members of a given population can survive due to the difficulty in the living conditions

Example; A place where there is too much or too little oxygen affects performance and results in problems within the (circulatory) organs of the body

c) Zone of optimum (minimal stress) is the zone that contains the largest numbers of life and where there is a population of organisms that is both stable and healthy

Example; A location that has an ideal amount of oxygen

Explanation:

2+2??? pls answereeeeeeee

Answers

Answer:

4

Explanation:

Which of the following statements about energy efficiency is false?
A)
Decreasing competitiveness in the international marketplace will likely improve energy efficiency.
B)
Improving energy efficiency will likely save money and provide jobs.
C)
The earlier we practice energy efficiency, the more time we will have to phase in renewable energy resources.
D)
Improving energy efficiency will probably lead to less military intervention in oil-producing countries.

Answers

Answer:

improving energy efficiency will lead to less military intervention in oil producing countries

Which of the following statements about the use of nuclear energy is true?

A) Nuclear energy cannot be used safely
B) Nuclear fusion has no known useful applications
C) Nuclear fission is currently more useful for producing energy than nuclear fusion
D) Nuclear fusion has fewer safety risks than nuclear fission
E) Nuclear fusion and nuclear fission produce the same amount of energy

Answers

Answer:

D

Explanation:

Pls Pls Pls Pls Pls Pls Pls Help Me!!!!!!!!
How Do I Take Notes From An AP Euro Textbook?!?
Pls, I'm failing in this class, I need help.
(Although I wouldn't mind if anyone wanted to let me copy their notes)

Answers

Answer:

Create an outline (like, headers for each next paragraph/topic), start from the beginning (of what you learned), read each section at a time, use important details, and then at the end summarize.

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