Question

Occurs when a relatively large share of a country's domestic food or fiber consumption is accounted for by imported products.

a. Export dependence
b. Export independence
c. Import dependence
d. Import independence

Answer 1

The correct answer is c—import dependence. Import dependence occurs when a relatively large share of a country's domestic food or fiber consumption is accounted for by imported products.

Step-by-step explanation:

The correct answer is c—import dependence. Import dependence occurs when a relatively large share of a country's domestic food or fiber consumption is accounted for by imported products. In other words, a country relies heavily on imported goods for its domestic consumption.

For example, if a country imports a large amount of its food from other countries and has a low level of domestic food production, it would be considered import-dependent.

Factors that can contribute to import dependence include a country living in an especially large country, having many other large economies geographically nearby, or having countries with strong protectionist legislation shutting out imports.