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Which of the following statements is true? Group of answer choices High dependency on commodities (oil, copper, agricultural products, etc.) makes economic growth in Africa
Which of the following statements is true? Group of answer choices High dependency on commodities (oil, copper, agricultural products, etc.) makes economic growth in Africa and Latin America more challenging. Import substitution policies were a major factor in increasing economic growth in Latin America and Africa. The US has been a major investor in Africa, while China has not really invested in Africa. AIDS in Africa does not have much economic impact. Transaction costs (electricity, transportation, etc.) are lower in Africa and Latin America bringing costs down for companies that invest there
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