gvA Update

Ranking Food Importation Consumers all around the world demand variety, quality and convenience in the foods they consume. The foods we eat daily come from a global marketplace consisting of the over 180 countries in the world. Virtually every country imports some of the foods that their people consume. However, the poorer countries tend to import a lot more than the richer countries. Indeed, among the most of the highly industrialized countries food imports account for less than 10% of all merchandise imports. These countries tend to produce a large variety of foods and create a better food security for their countries. In this connection, 1-Which of the following countries is NOT among the top 10 in the world ranking food imports as a percent of merchandise imports. 1- Benin 2- Sao Tome and Principe 3- Gambia 4- Nigeria 2-Which of the following African countries is among the bottom 10 in the world, ranking food imports as a percent of merchandise imports. 1- Zambia, 2- South Africa, 3- Ethiopia and 4- Botswana. ANSWERS 1- Nigeria where food imports account for about 17 percent of Merchandise imports ranks at number 62 in the world in this arrangement. Somehow many Nigerians think that their country is the worst in the world in terms of dependence on imported foods. It is not. 2- Zambia is the African country among the least dependent on food imports, where food imports as a percent of Merchandise imports is only about 4.8 percent, ranking the country at number 183 out of 187 in the world in terms of food imports as a percent of Merchandise imports.

 

Posted: Sep 22nd, 2016 @ 06:51:44 AM