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