Today, the economies of the Pacific Islands rely heavily on which of the following needs?
A. Sheep, because wool supports the economy.
B. Importing raw materials so economies can produce manufactured goods.
C. Mining, because Pacific Islands have large supplies of minerals and gems.
D. Trade partnerships with Great Britain, despite European Union changes.
Answer (3)
The **economics **of the Pacific Islands rely on mining because they have large supplies of **minerals **and gems . Therefore the correct option here is c.
What are the trade and export status of Pacific Island economies?
**International trade **plays an **important **role in the economic life of the Pacific Islands. The countries are **dependent **to an **unusual **degree on **imported **goods and services which includes foodstuffs , fuel , equipment and industrial **material **as well as a wide range of **manufactured **products.
The **exports **which take place in this **region **are a **vital **source of foreign **exchange **earnings and **cash **income generation, **growth **and employment . Exports are considered a **major **source of growth, particularly through their **dynamic **and **catalytic **effects on the rest of the economy.
The **high **trade-**GDP **ratios prevail throughout making these small economies among the most **open **in the world. They **face **a major challenge to **strengthen **the export sectors, but recently it has been improving .
Learn more about the Pacific Islands , here:
https://brainly.com/question/29336179
#SPJ2
Today, the economies of the Pacific Islands rely heavily on B. importing raw materials so economies can produce manufactured goods
The economies of the Pacific Islands today rely heavily on trade and tourism. Given the options, the most accurate answer is importing raw materials so economies can produce manufactured goods.
The Pacific Islands are often small and remote with limited natural resources, so they rely on trade with countries like Australia, New Zealand, China, Japan, and the United States.
Tourism has become a significant source of income for many islands, attracting visitors with their beautiful beaches and tropical climate. Although some islands have gained wealth from mining activities, overall, most of their economy depends on trade and tourism.
The economies of the Pacific Islands depend significantly on importing raw materials to produce manufactured goods. Limited resources and geographic isolation make it challenging for these islands to produce enough domestically. Hence, the correct choice is option B.
;
