Author Question: Because poor countries may be dependent on the export of just one or two raw materials, the welfare ... (Read 210 times)

meagbuch · **on:** Jul 14, 2018

Because poor countries may be dependent on the export of just one or two raw materials, the welfare of their people rises and falls with world prices over which they have no control.

Indicate whether the statement is true or false.

Question 2

In the past, it was a general rule of economic geography that manufacturing located close to sources of raw material.

Indicate whether the statement is true or false.