The imports of most developing countries consist mainly of
Answer Details
The imports of most developing countries consist mainly of manufactured goods. This is because many developing countries lack the necessary infrastructure and resources to produce their own manufactured goods, such as electronics, machinery, and vehicles. As a result, they rely heavily on imported goods to meet their needs.
Furthermore, many developing countries have economies that are heavily dependent on agriculture and the export of raw materials. This means that they may not have the necessary infrastructure or expertise to process these raw materials into finished products. As a result, they often import manufactured goods to satisfy their needs for finished products.
It is worth noting that while developing countries do import agricultural raw materials and mineral resources, these tend to make up a smaller portion of their imports compared to manufactured goods. This is because many developing countries have a comparative advantage in the production of raw materials, but lack the necessary infrastructure and expertise to process them into finished products.