gvA Update

Ranking countries by Exports as a percent of GDP Stiff global competition is decimating African efforts at exporting. Some evidence have shown that the revenues from exports of mining products (mainly fuels) and agricultural products have been rising much slower than the value of manufactured goods. And it appears that much of the difference is attributed to volume rather than to price changes, as the volume of manufactured goods has been rising in multiples of that of mining or agricultural products which African countries tend to produce. African countries tend to have relatively smaller shares of exports as a percent of GDP, compared to the global average. In this connection, 1-Which of the following advanced economies has the highest amount of exports as a percent of GDP? 1. China, 2. Germany, 3. Netherlands and 4. Singapore. 2-Which of the following African countries has the highest amount of exports as a percent of GDP? 1. Botswana, 2. 2. Ghana, 3. 3. Cote d’Voire and 4. 4. Namibia. ANSWERS 1-Singapore is the country listed here with the highest amount of exports as a percent of GDP. 2-Of the African countries listed here, Ghana has the highest amount of exports as a percent of GDP. For Nigeria, not listed here, exports as a percentage of GDP is 10.7.

 

Posted: May 24th, 2017 @ 02:18:01 AM