The economies of West African Countries depend majorly on...
The economies of West African Countries depend majorly on
Primary product
Secondary product
Tertiary product
Manufacturing product
Correct answer is A
The economies of West African Countries depend majorly on primary products. Primary products refer to goods that are available from cultivating plants or by extracting minerals from the earth. These include agricultural products, mining products, and other raw materials. West African countries like Nigeria, Ghana, and Ivory Coast are known for their export of primary products like oil, cocoa, and gold respectively.
An institution that regulates trade relations among members is the ...
The marginal revenue curve of a monopolist is ...
One of the reasons why Nigeria is a mono-economy is because of her _______ ...
In the circular flow of income model, the outflow variables represent ...
Given that a country's index of export price is 180 and that of import is 200, the terms of trad...
A rational consumer tends to do all the following except ...
In most underdeveloped countries, development plans do not achieve their objective due to ...
Economic activities are undertaken to solve the problem of ...