Exporting Countries A disproportionate percent of the world's consumers live outside of each country's borders. Therefore for smaller countries in population, exports offer a huge opportunity for job creation and higher incomes from domestically produced goods. Exports also help to diversify their portfolios and weather changes in the domestic economy. Even so, too much export dependence can adversely affect an economy during times of global economic and financial turmoil. In this connection, 1-Which of the following countries is not among the top three in the world, in volume of exports? 1. China 2. Germany 3. USA, and 4. Japan Which of the following countries is not among the top three exporters in Africa? 1. Nigeria 2. Algeria 3. Angola and 4. South Africa ANSWERS 1. Japan is the country not among the top three in the world in volume of exports. 2. Algeria is the country not among the top three largest exporters in Africa.
Posted: Sep 15th, 2015 @ 07:59:43 AM