What do export primary commodity concentration ratios represent?

Show Answers

The proportion of commodity exports relative to the GDP per capita of the exporting country compared to that of the importing countryThe ratio of export revenue to the total populationThe value of total merchandise exports divided by the Gross National IncomeThe share of food, raw materials, minerals, and organic oils and fats in total merchandise exports

Explanation

Option A correctly defines export primary commodity concentration ratios as the percentage of commodity exports relative to the GDP per capita of the exporting country divided by that of the importing country. Other options describe different economic ratios unrelated to this specific measure.