O-LevelEconomicsInternational trade and globalisation2281/11 · May/June 2020 · Q281 Mark
Many low-income countries rely on exports of raw materials such as coffee or iron ore to earn them foreign currency. What is a disadvantage of this?
ACountries have a constant demand for raw materials.
BInternational trade only benefits the importing countries.
CIt is necessary for low-income countries to belong to a free trade area.
DRaw materials have fluctuating prices.
✓ Correct answer
D: Raw materials have fluctuating prices.
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