I believe the answer is E
Hope this helps!
Answer:
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Explanation:
Even though global trade has fluctuated over the years, it has also rapidly increased. However, the structure and pattern of trade vary significantly by-products and regions. Undoubtedly, trade has come with both benefits and daunting challenges to countries involved, especially in African nations, where primary and intermediate merchandise formed a substantial share of exports. Because advanced and newly industrialized economies have better technology and know-how, manufacturing industries, access to finance, and market than Africa, they have a greater market proportion in the world trade. Arguably, African countries have been left in the cold as they struggle to compete with advanced economies. As presented in this chapter, Africa has been struggling to be relevant in the world market. However, its global share of merchandise trade has reduced over the decades. This is partly because the continent has concentrated on the exportation of few primary commodities (i.e., mineral fuels, iron ores, gold, cocoa beans) with volatile prices and demand in the global markets. The frequent global oil crunch other raw products are a wake-up call for a rapid industrialization and diversification for competitiveness in Africa. The World Trade Organization (WTO) has to ensure that defensive trade remedies should not be the next frontier of protectionism. Finally, for trade, growth, and development to be stimulated, African countries should urgently open their markets to expand intra-African trade.
<span>Nationalism is an extreme form of patriotism and loyalty to one’s country. Nationalists place the interests of their own country above the interests of other countries. Nationalism was prevalent in early 20th century Europe and was a significant cause of World War I. Most pre-war Europeans believed in the cultural, economic and military supremacy of their nation. </span>
<span>1 A large number of businesses are being formed on the island because of the nation’s commitment to a laissez-faire policy that stops it from hindering company growth.
</span><span>2 Because the car manufacturers are going broke, the government must step away from its laissez-faire strategy and bail out the businesses
</span><span>3 if the police adopted a laissez-faire attitude and allowed people to do whatever they wanted, the city would be in chaos.</span>