As a percentage of GDP,which of the following most likely characterizes logistic costs incurred in developing economies in Africa?
A)less than 9 percent
B)9 to 12 percent
C)approximately 12 percent
D)approximately 15 percent
E)30 percent or more

Question

Quizplus · Accepted Answer

In the developing economies of Latin America and Africa,logistics costs are 30 percent of GDP or more.

As a Percentage of GDP,which of the Following Most Likely