DISCUSS AND EXPLAIN EACH

1. Type of Product Produce/ Main Import, Export, & dominant product: Papua New Guinea is a major producer of mineral resources and agricultural products. The country's main exports are oil, gold, copper, and timber. In terms of imports, Papua New Guinea is heavily reliant on foreign sources of goods and services, such as machinery, fuel, and food. The country's dominant product is oil, which accounts for more than 50% of the country's total exports.

2. Main Source of Income: The main source of income for Papua New Guinea is the export of its natural resources, including oil, gold, and copper. Agriculture also plays an important role in the economy of Papua New Guinea, with coffee and cocoa being the main crops. The country's tourism industry is also a major contributor to the economy, with visitors coming to see the country's unique wildlife, culture, and landscape.

3. Labor Force Rate: The labor force rate in Papua New Guinea is estimated to be around 45%. This means that 45% of the population is employed and actively looking for work. The majority of people in the labor force are employed in the agricultural sector.

4. GDP per capita: The Gross Domestic Product (GDP) per capita in Papua New Guinea is estimated to be around US$2,800. This is relatively low compared to other countries in the region, but it is still higher than many other countries in the world. The country's economy has been growing steadily, and the government is working to improve the country's infrastructure and services in order to attract more foreign investment.