In which of the following places would the logistics costs be most likely to run between 9 and 15 percent of GDP?
A)China
B)Singapore
C)Europe
D)Latin America
E)Africa

Question

Quizplus · Accepted Answer

Developed economies such as that of the United States and those of Europe spend about 9 to 15 percent of GDP on logistics-related costs,while in the developing economies of Latin America and Africa,costs are 30 percent or more.

In Which of the Following Places Would the Logistics Costs