Which of the following is an example of a raw material exporting economy?
A) Sweden
B) Russia
C) the United Kingdom
D) Chile
E) Brazil

Question

Quizplus · Accepted Answer

Raw material exporting economies are those that rely heavily on the exportation of natural resources, such as minerals, agriculture, and forestry products. Of the choices given, Chile is the best example, as it is a major exporter of metals such as copper, as well as fruits, seafood, and wood products. Brazil also exports a significant amount of natural resources, but it also has a more diversified economy, particularly in manufacturing and services. Sweden and the United Kingdom have highly industrialized economies, while Russia is an oil-producing nation that also has a significant industrial sector.

Which of the Following Is an Example of a Raw