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Philippines is the riches country in terms of natural resources

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How does the uneven distribution of natural resources affect world trade?

The uneven distribution of natural resources can create dependencies between countries, leading to imbalances in trade relationships. Countries with abundant resources have leverage in trade negotiations, while resource-poor countries may become reliant on imports, impacting their economies. Additionally, resource-rich countries may experience volatility in their economies due to fluctuations in resource prices on the global market.


Why do countries depend on each other for natural resources?

Countries depend on each other for natural resources because not every country has access to all the resources it needs. Some countries have abundant reserves of certain resources, while others have shortages. By trading with each other, countries can obtain the resources they lack, promoting economic growth and stability.


Why are some countries with plenty of natural resources poorer than some other countries?

Some countries with abundant natural resources may struggle with poverty due to factors such as corruption, weak governance, mismanagement of resources, lack of infrastructure, political instability, or dependence on a single export commodity. These issues can hinder economic diversification, create inequality, and prevent the full potential of natural resources from being realized for the benefit of the population.


Which African countries are rich in diamonds as a natural resource?

Some African countries rich in diamonds as a natural resource include Botswana, South Africa, Angola, and the Democratic Republic of Congo. These countries have significant diamond reserves and play a major role in the global diamond industry.


What are the natural resources visayas?

fishing,hunting,

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why the Philippines is considered rich in Natural Resources


What is a sentence that uses natural resources in it?

California and Texas are rich in natural resources.


Was ancient corinth rich in natural resources?

Ancient coring were rich in natural recources


Are Oceans rich in natural resources?

yes


Is it rich or poor in natural resources?

depends where "it" is


What is rich in natural resources?

Canadian shield


What are the desert's natural resources?

Most deserts are rich in mineral resources.


What is the difference between the Philippines is rich in natural resources how would you differentiate it from the other Asian countries?

its the difference between good and poor english


How does the uneven distribution of natural resources affect world trade?

The uneven distribution of natural resources can create dependencies between countries, leading to imbalances in trade relationships. Countries with abundant resources have leverage in trade negotiations, while resource-poor countries may become reliant on imports, impacting their economies. Additionally, resource-rich countries may experience volatility in their economies due to fluctuations in resource prices on the global market.


What were the benefits of colonization for the Europeans countries?

They get natural resources such as cacao. They get natural resources such as cacao.