7. The value of trade is extremely high in
a. Sudan.
b. Nigeria.
c. Botswana.***
d. Chad.
8. An African economist living in Mali between 2002 and 2003 would most likely be
a. impressed with the value generated through commercial services.
b. satisfied, although the value of traded items could be slightly higher.
c. dissatisfied with the wealth generated from trade.***
d. satisfied with the country’s economy.
9. Which country is in the most debt in regards to generated government revenue?
a. Egypt
b. Botswana
c. Chad
d. Zambia***
Just checking my work:)
*** - My Answer
Your answers for questions 7, 8, and 9 are correct. Here's an explanation for each question:
7. The value of trade is extremely high in:
To answer this question, you need to consider which country has a high value of trade. You can find this information by researching the trade statistics or GDP of each country mentioned. By doing so, you would find that Botswana has a highly developed trade sector and a strong economy, making it the correct answer.
8. An African economist living in Mali between 2002 and 2003 would most likely be:
To determine the economist's opinion about the value generated from trade in Mali during 2002-2003, you need to consider the country's economic situation during that period. Researching the country's GDP growth, trade statistics, or economic reports would provide insights. In this case, the correct answer is "c. dissatisfied with the wealth generated from trade" because Mali faced economic challenges during that specific time, affecting the value generated from trade.
9. Which country is in the most debt in regards to generated government revenue?
To find the answer, you would need to compare the debt-to-revenue ratio of each country mentioned. This ratio indicates a country's ability to meet its debt obligations with its generated government revenue. By researching debt statistics or government financial reports of each country, you would find that Zambia has the highest debt-to-revenue ratio, making it the correct answer.