A country in South America has large reserves of copper and tin.Mining forms the pillar of its economy.A major part of its revenue is generated from exporting these resources.This country is poor in many other ways.It is a good market for large equipment,tools and supplies,and trucks.Since there are many foreign residents in this country and a wealthy upper class,it is also a market for luxury goods.This country has a(n)________ economy.

Question

Quizplus · Accepted Answer

The country's economy is primarily based on exporting its raw materials, which are copper and tin. Therefore, it falls under the category of a raw material exporting economy.

A Country in South America Has Large Reserves of Copper