Question

Poorer developing countries which often produce and export primary commodities tend to face unfair _____________________ in relationship to rich countries that produce manufactured (capital) goods. Question 15 options:

Answer 1

Answer:

Poorer developing countries which often produce and export primary commodities tend to face unfair _______exchange values______________ in relationship to rich countries that produce manufactured (capital) goods.

Explanation:

Unfair exchange value means that rich countries that use the primary commodities of poorer developing countries to produce manufactured goods, especially capital goods, sell the manufactured goods at values that are not real or too exorbitant.  This practice contributes to the unfairness of international trade. It also means that the prices at which the primary commodities are bought form the poorer countries are too low when compared with the prices of the manufactured capital goods sold by rich countries to poorer countries.