williamsmayann534
williamsmayann534 williamsmayann534
  • 07-03-2021
  • Social Studies
contestada

Do countries with natural resources do well in global trade?

Respuesta :

abd9992005 abd9992005
  • 07-03-2021

Answer:

Yes

Explanation:

Natural resources account for 20% of world trade and dominate the exports of many countries. This inefficiency is exacerbated by market failure in long-run contracts for the exploration and development of natural resources.

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