ECONOMICS
TRADE EXCHANGE AND INTERDEPENDENCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Minerals (Gold, Iron, Diamonds)
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Computers
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Fruit
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Special Medicines
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Machines
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Detailed explanation-1: -South Africa main imports are: machinery (21.3 percent of total imports), mineral products (16.9 percent), chemicals (12.6 percent) and vehicles and aircraft vessels (7.7 percent). Main trading partners are China, India and the US.
Detailed explanation-2: -The following products are growing in popularity as South Africa’s most sought-after exports, and would be great additions to your inventory: South African wines. Fruits and nuts. Clothing and footwear.
Detailed explanation-3: -Mineral fuels including oil: US$15.4 billion (16.5% of total imports) Machinery including computers: $11.3 billion (12.1%) Electrical machinery, equipment: $8.6 billion (9.2%) Vehicles: $6.4 billion (6.8%) Pharmaceuticals: $3.1 billion (3.3%) Plastics, plastic articles: $2.9 billion (3.1%) More items •04-Oct-2022