Hello friends!
I need your help in knowing information in following area:
Is there any country whose majority export comprises of one or limited number of commodities?
The export(trade) of that commodity derives the bulk chunk of the national income and have significant contribution in its GDP.
eg: Nauru used to export only phosphates to other countries which was the only source of its income of foreign exchange & also contributed significantly in its GDP
2007-10-03 01:17:26 · 3 answers · asked by parashardas 2 in Social Science ➔ Economics
some middle eastern countries would probably derive 90% of thier export revenue from oil and petrolieum.
2007-10-03 01:24:05 · answer #1 · answered by daddy-o 2 · 0⤊ 0⤋
The OPEC nations in the middle east export oil and very little else.
2007-10-03 04:24:59 · answer #2 · answered by nursesr4evr 7 · 0⤊ 0⤋
Afghanistan mast the vast majority of its revenue off of the drug trade (Opium products and Marijuana). Not much else the world is really interested in from there.
2007-10-03 01:22:17 · answer #3 · answered by dpilipis 4 · 0⤊ 0⤋