The importance of agriculture in the local and regional economy

The role and importance of agriculture in national, regional and international economies can be linked to:

• Foreign exchange earnings

• It's contribution to Gross national product (GNP)

• Trade liberalization and National and Regional plans for agriculture

• Food security and employment

• Animal Sciences

Which does this fall under

Products such bananas, spices and shrimps are usually sold to foreign countries because the prices in the foreign markets and usually higher than local rates.

This then cause more money to flow into the country.

• Foreign Exchange Earnings

• Food Security

• Employment

• Trade Liberalization

What is G.N.P

• The total value of all goods and services produced by a country over a given period of time

• The current value of goods and services internationally

• The value of goods and services produced by a country's imports

• The current value of services from domestic firms

Contribution to G.N.P by agriculture sector varies from country to country

• True

• False

Contributions to G.N.P includes

• Money from exports

• Money sent back by nationals living abroad

• Money sent back by nationals working abroad

• The production of domestic firms

A nation should be able to (a)   itself first and foremost

Food can be encouraged by

• Supplementing with importation

• Encouraging local production

• Decreasing exportation

• Increasing exportation

People should have (a)   to sufficient, safe and nutritious food.

There are many (a)   available in the Agricultural Sector

Most underdeveloped countries have a large percentage of people involved in (a)