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Question
Which of the following product(s) is/are exported predominantly by developing countries?
Which of the following product(s) is/are exported predominantly by developing countries?
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Solution
The correct option is B Agro-products
Developing countries predominantly export agro-products and mineral ores. These products have less demand and are cheap. Therefore, the income earned by the developing countries from exports is less. Meanwhile, the developing countries import industrial machinery and other finished products, which generally cost high prices.
Developing countries predominantly export agro-products and mineral ores. These products have less demand and are cheap. Therefore, the income earned by the developing countries from exports is less. Meanwhile, the developing countries import industrial machinery and other finished products, which generally cost high prices.
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