Practice mode Customer Driven Marketing Strategy

In terms of industrial structure, economies rich in natural resources but poor in other respects are classed as what?

Correct answer C. Raw material exporting economies

Explanation

Raw material exporting economies, for example Chile with copper or Saudi Arabia with oil, earn most of their revenue by exporting one or more natural resources.

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In terms of industrial structure, economies rich in natural resources but poor in other respects are classed as what?

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In terms of industrial structure, economies rich in natural resources but poor in other respects are classed as what?

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