A nation exports agricultural produce mainly to?
provide food
create employment
earn foreign exchange
provide raw materials
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The correct answer is C. earn foreign exchange.
A nation exports agricultural produce primarily to earn foreign exchange, which is the revenue generated from selling goods or services to other countries. Exporting agricultural produce helps a country to:
- Generate foreign exchange earnings
- Increase its foreign exchange reserves
- Improve its balance of payments
- Enhance its economic growth and development
While exporting agricultural produce may also provide some benefits related to food, employment, and raw materials, the primary motivation is to earn foreign exchange.
Greetings, The Myschool Team.
The correct answer is C (earn foreign exchange) and not A (provide food). Food exported to foreign countries do not exactly constitute part of the available food supply of that country, as they leave the country to other countries. However, exportation of agricultural produce serves mainly to generate foreign exchange, which is captured by C(earn foreign exchange), making it the correct answer. Please the necessary corrections should be made. Thank you.
