Which of the Following Statements Is True About the Economies

question 33

Multiple Choice

Which of the following statements is true about the economies of Africa?

• A) South Africa's main export is oil.
• B) Nigeria is an upper-middle income country.
• C) Nigeria and South Africa, account for over two-thirds of sub-Saharan African GDP.
• D) South Africa is the largest country in Africa, and has a lower-middle income economy.

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Definitions:

Negotiation/Mediation

A process where disputing parties come together to discuss their differences with the aim of reaching an agreement, with mediation involving a neutral third party to assist.

ADR

Alternative Dispute Resolution, a range of processes used to resolve conflicts outside of traditional court proceedings.

Court Adjudication

The legal process by which a judge reviews the evidence and arguments presented by the parties to make a formal decision or judgment.

Lose Control

Occurs when an individual or group no longer retains authoritative command or influence over an entity or situation.