A major problem with Africa's export economy is its heavy reliance on a limited range of primary commodities, such as minerals and agricultural products, which makes it vulnerable to global price fluctuations. This dependence often leads to economic instability and hampers diversification efforts. Additionally, issues like inadequate infrastructure, trade barriers, and reliance on foreign markets further complicate the export landscape, limiting the continent's potential for sustainable growth and development.
It makes the economy of Africa less stable.
It makes the economy of Africa less stable.
None. Africa is a continent and does not have an overall economy. Individual countries in Africa have their own strengths and weaknesses as far as exporting is concerned.
a mono-economy is a economy relying on one major export or natural resource to bring most of the currency into the country.
It makes the economy of Africa less stable.
It makes the economy of Africa less stable.
None. Africa is a continent and does not have an overall economy. Individual countries in Africa have their own strengths and weaknesses as far as exporting is concerned.
a mono-economy is a economy relying on one major export or natural resource to bring most of the currency into the country.
cigars and sugar
Switzerland has a very strong export-led economy led by chemicals and manufactured equipment, of which pharmaceuticals and precision instruments make up a large part and are relatively inelastic to broader economic conditions. Counterfeiting and piracy are posing major economic problem because of the amount of revenue lost.
cotton i a major export.
There are no exports from Monaco. The economy runs on gambling, banking and tourism. It does not need to export anything.
Idaho's major export is potatoes.
Iraq's major export is oil
Petroleum is the major mineral export.
i think that the major export Australia is wool