WORLD HISTORY

HISTORY

IMPERIALISM ASIA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Why has Singapore been such a successful country?
A
Its location on a major shipping route
B
Its great farming industry
C
Its location close to the US
D
Its tourism industry
Explanation: 

Detailed explanation-1: -Singapore’s strategic location, long trading history and strong connections to Asia and Asian markets make her the preferred place for maritime companies and businesses to expand and grow.

Detailed explanation-2: -This policy, coupled with Singapore’s strategic geographical location – lying on the sea route between India and China and thus easily accessible to ships and junks from around the region and afar – and natural deep-water harbour, attracted numerous vessels to call at its port.

Detailed explanation-3: -Singapore is located at the heart of Southeast Asia and provides excellent global connectivity to serve the fast-growing markets of the Asia-Pacific region and beyond. Singapore has over 25 FTAs which provide access to the markets of the partner countries.

Detailed explanation-4: -Major ports across Asia are at breaking point and it’s often cheaper for shipping companies to anchor in the strait than dock in a berth, creating long lines of boats waiting around for anything from a few days to months at a time.

Detailed explanation-5: -Singapore’s Strategic Location Facilitates Trade. Singapore’s strategic location facilitates trade and enables companies to reach out to other regional markets. In addition, it has one of the world’s busiest container ports and is a central transshipment hub for cargo moving around Southeast Asia.

There is 1 question to complete.