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.

Written and checked by , editorLast updated
Report an error

The more specific you are, the faster it gets fixed. A source beats an opinion.

Prefer email? [email protected]

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.

Practise Economy of Pakistan

390 free Economy of Pakistan MCQs from Economics, each with the correct answer and an explanation. Unlimited attempts, no account needed.

Discussion

Stuck on an option, or know a faster way to get there? Ask or explain it here.

No comments yet. Be the first to explain this one.

Exams that ask Economics questions like this

Economics is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.

More Economy of Pakistan questions