A Country Which Is a Monoexporter Is One in Which

question 6

Multiple Choice

A country which is a monoexporter is one in which

• A) their exports were almost fully sent to one country.
• B) their exports were almost fully accounted for by one product.
• C) their exports were almost fully accounted for by agriculture.
• D) their exports were almost fully accounted for by mining.
• E) their total trade was almost totally with one country.

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Definitions:

Unemployed

A term describing individuals who are capable of working, actively seeking work, but unable to find a job.

Full Employment

A situation in which all available labor resources are being used in the most efficient way possible, implying minimal involuntary unemployment.

Economic Goal

Objectives that societies or governments aim to achieve to ensure long-term sustainable prosperity.

Full Employment

A situation in an economy where all available labor resources are being used in the most efficient way possible, typically with low unemployment.