WAEC Economics 1992 Question 26

Question 26

Agriculture

Which of the following is not a good reason for the importance of agriculture in West African countries? It

  1. A.employs about 60% of the people
  2. B.provides the highest tax revenue
  3. C.is a major foreign exchange earner in most of the countries
  4. D.provides the raw materials for all import-substitution industries
  5. E.provides raw materials only for foreign industries.
Show the answer and explanation

Answer: E (provides raw materials only for foreign industries.)

Explanation

Agriculture supplies local industries too, so 'only for foreign industries' is false.