The Dependence on the Export of One or Two Primary

question 43

Multiple Choice

The dependence on the export of one or two primary products for a majority of the revenue from exports is most severe in countries in

• A)South Asia.
• B)East Asia.
• C)Sub Saharan Africa.
• D)Latin America.

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Definitions:

Controllable Margin

The portion of income that can be directly influenced by management decisions, excluding fixed costs and uncontrollable expenses.

Operating Assets

Assets used by a business in its daily operations to generate revenue, excluding investment and non-operational assets.

ROI

Return on Investment, a performance measure used to evaluate the efficiency of an investment or compare the efficiency of different investments.

Contribution Margin

The difference between sales revenue and variable costs, indicating how much revenue contributes to covering fixed costs and generating profit.