Which of the following is true of a "lightweight" economy?
a. It is highly susceptible to the slightest changes in the world economy because of a heavy dependence on raw materials.
b. The value of information embedded in many of its economic products is often far greater than the value of the raw materials involved.
c. It has reached a level of economic interdependence in the global economy that makes its national borders almost irrelevant when calculating economic size and health.
d. It is a very poorly diversified economy, dependent almost exclusively on a single sector such as manufacturing or impersonal services.
e. It is a highly diversified economy, able to withstand global shocks to any one economic sector.
Answer: b
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Indicate whether this statement is true or false.
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