Which Statement About South Africa's Standing in the Global Economy

question 58

Multiple Choice

Which statement about South Africa's standing in the global economy is NOT correct?

• A) The country has traditionally dominated the regional economy.
• B) South Africa is the only African member of the G20.
• C) Despite tariff reductions mandated by the International Trade Association (ITA), South African local industries that were once protected from foreign competition have managed to remain competitive in the country's domestic market.
• D) South Africa has historically had a trade surplus and a low foreign debt.
• E) South Africa's most buoyant export industry is the energy sector.

---

Definitions:

Equal Variances

An assumption in certain statistical tests that the variances in different groups or samples being compared are the same.

TV News Viewing Habits

Patterns or tendencies in how individuals consume news programming on television, which may vary based on demographics, time, and preferences.

Significance Level

The probability threshold below which the null hypothesis is rejected in a statistical test, denoting the test's sensitivity to detecting an effect.

Hours of Watching

The total duration of time spent viewing or observing something within a given period.