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Question
Which region mainly imports industrial raw materials?
Which region mainly imports industrial raw materials?
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Solution
The correct option is C Europe
- Trade in raw materials is extremely important for the sustainability of European countries and their economies.
- Construction, chemicals, the automotive and aerospace industries, machinery and equipment are some of the sectors that are most dependent on access to raw materials.
- The EU has an ongoing trade deficit in raw materials (SITC sections 2 and 4, including non-manufactured goods such as oilseeds, cork, wood, pulp, textile fibres, ores and other minerals as well as animal and vegetable oils) since 2005.
- Trade in raw materials is extremely important for the sustainability of European countries and their economies.
- Construction, chemicals, the automotive and aerospace industries, machinery and equipment are some of the sectors that are most dependent on access to raw materials.
- The EU has an ongoing trade deficit in raw materials (SITC sections 2 and 4, including non-manufactured goods such as oilseeds, cork, wood, pulp, textile fibres, ores and other minerals as well as animal and vegetable oils) since 2005.
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