International Economy

Africa’s position in international economy

Introduction Africa’s position in the international economy has been shaped by its colonial history, resource wealth, and global trade relations. Despite being rich in natural resources, Africa has often occupied a peripheral position in the global economy, dependent on the export of primary commodities and vulnerable to external shocks. However, globalization and new partnerships have […]

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Describe the Various Features of Foreign Trade and Investment in Africa

Foreign trade and investment play a crucial role in Africa’s economic growth and development. Africa is rich in natural resources, including oil, gold, diamonds, and agricultural products, making it an attractive destination for foreign investors and global trade partners. Over the years, Africa has developed strong trade relationships with countries like China, the United States,

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