Which of the Following Is True of Trade Within Africa

question 7

Multiple Choice

Which of the following is true of trade within Africa?

• A) It is relatively limited because so many countries produce the same raw materials for export.
• B) It makes up the bulk of each African nation's GDP.
• C) Trade within Africa is high in comparison with other developing regions.
• D) Trade within Africa is increasing due to the continent's high industrial capacity.

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Definitions:

Franchisor Functions

Activities and responsibilities of a franchisor, including branding, training, support, and oversight of franchisees to ensure consistency and quality.

FRM

stands for Financial Risk Manager, a professional designation for financial risk professionals.

Service Delivery System

Service Delivery System refers to the framework and processes through which a company provides its services to customers, encompassing the service design, delivery channels, personnel, and technology.

Franchise Offering

A business arrangement where one party (the franchisor) grants another (the franchisee) the right to operate a business under its brand.