AP World Historyhardmcq1 pt

A newly independent state exporting one raw commodity is vulnerable because

A.price swings can devastate its economy
B.commodities never fluctuate in price
C.it will always grow rich
D.it can ignore world markets

Explanation

Core Concept

Dependence on a single export leaves states hostage to world markets.

Correct Answer

Aprice swings can devastate its economy

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