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Raw materials earn less than finished goods.
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It is hard for Africa to make a profit on the goods that it exports.
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World-market price fluctuations make the economy unstable
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What is major problem with Africa having an export economy?
It makes the economy of Africa less stable.
What is a major problem with Africa having an export economy?
It makes the economy of Africa less stable.
What is a major problem in Africa's export economy?
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.
What is a mono economy?
a mono-economy is a economy relying on one major export or natural resource to bring most of the currency into the country.
What is the major economic problem in switzerland?
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.
What is major problem with Africa having an export economy?
It makes the economy of Africa less stable.
What is a major problem with Africa having an export economy?
It makes the economy of Africa less stable.
What is a major problem in Africa's export economy?
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.
What is a mono economy?
a mono-economy is a economy relying on one major export or natural resource to bring most of the currency into the country.
What is the major export in cuba that brings in most of the money in cubas economy?
cigars and sugar
What is the major economic problem in switzerland?
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.
What is two major exports in Monaco?
There are no exports from Monaco. The economy runs on gambling, banking and tourism. It does not need to export anything.
What is Egypt's major export?
cotton i a major export.
What is Iraq's major export?
Iraq's major export is oil
What is Idahos major export?
Idaho's major export is potatoes.
What is Angola's most profitable export?
Angola's most profitable export is it's crude light oil. Diamonds, however, are also another major contributor to its export economy. These two exports make up 80% of Angola's national exports.
What is the major export of Australia?
i think that the major export Australia is wool
