A country's export commodity concentration ratio is the ?
Correct answer: C. ratio of four leading commodities to total merchandise exports
- A. average annual investment made in production of exported commodities
- B. proportion of the primary export commodity in total exports
- C. ratio of four leading commodities to total merchandise exports
- D. total annual investment made in production of exported commodities
Explanation
An export commodity concentration ratio commonly measures the share of the leading export commodities in total merchandise exports; the standard four-commodity measure uses the four leading commodities. Averages and investment totals do not measure export concentration.
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About Economy of Pakistan
Pakistan's economy is examined through agriculture, industry, services, trade, remittances, employment, population, poverty and regional development. The topic also covers GDP and national income, inflation, fiscal and monetary policy, taxation, public debt, the balance of payments, energy constraints and structural challenges, including the role of the State Bank and development planning.
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