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Q: What opportunities does the country have to increase its diversification?
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What is agricultural diversification?

Agriculture diversification refer to the policy of a country to change the production of one major crop


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The process of expanding business opportunities through additional market potential of an existing product. Diversification may be achieved by entering into additional markets and/or pricing strategies.


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One difference is that a newly globalized country has increased international trade and investment, which can lead to economic growth and integration into the global economy. On the other hand, a non-globalized country may have limited exposure to international markets and fewer opportunities for economic development and diversification.


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The emergence of BRIC countries (Brazil, Russia, India, China) can present new opportunities for career growth in sectors like trade, technology, and finance. For companies in your country, it may mean expanded market opportunities, increased competition, and the need to adapt to global trends and emerging markets to stay competitive. It can also lead to strategic partnerships, investment opportunities, and cultural diversification for companies looking to expand internationally.


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What are the characteristics of diversification?

Diversification involves spreading investments across different assets or securities to reduce risk. By investing in a variety of assets, such as stocks, bonds, and real estate, investors can minimize the impact of any single investment's performance on their overall portfolio. Diversification can help to increase potential returns while lowering overall risk.


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What is supplemental diversification?

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When is a company likely to choose related diversification and unrelated diversification?

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