A term for a country that has an economy dependent solely on revenue from exporting a single product or commodity.Group of answer choicesBananasBanana RepublicGuatemalaPlantation

Match the term to the correct definition.Column A1.commodity dependence:commodity dependence2.dependency theory:dependency theory3.GNI:GNI4.GDP:GDPColumn Ba.the productivity of a country measured by what occurs within the national boundariesb.the notion that resources flow from a periphery of poor and undeveloped states to a core of wealthy statesc.the income generated by citizens businesses of a country regardless of the locationd.when commodities are the majority of its exports and the large share of commodities in exports is often linked to underdevelopment

Goods and services produced in one country that are then sold in other countries are called ____________.Choose one answer from the options below.exportstradeable itemssurplus itemseconomic stimulants

Another type of economy from a non-industrialize country trying to develop itself is called a Developing Economy.Group of answer choicesTrueFalseNext

___________ is an economic system in which the means of production and distribution are privately owned and operated for profit. (1 word)

8) A country will be able to consume a combination of goods that is not attainable solely fromdomestic production ifA) the country specializes in one product.B) the world terms of trade equal the domestic relative costs.C) the country's domestic production value equals world relative value.D) the world terms of trade differ from its domestic relative costs.E) the country avoids international trade.