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The iron and steel industries of which of the following countries are almost fully dependent on imported raw materials?
- a)Britain
- b)Japan
- c)Poland
- d)Germany
Correct answer is option 'B'. Can you explain this answer?
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The iron and steel industries of which of the following countries are...
Explanation:
The iron and steel industry requires raw materials such as iron ore, coal, and limestone to produce steel. The countries that are self-sufficient in these raw materials have an advantage over those that have to import them. Japan, however, is almost fully dependent on imported raw materials for its iron and steel industry. This is because of the following reasons:
Geographical limitations: Japan is an island nation with limited natural resources. It does not have significant deposits of iron ore, coal, or limestone. As a result, it has to import these raw materials from other countries.
Environmental concerns: Japan has stringent environmental regulations that limit mining activities. This has led to a decline in domestic production of raw materials.
Economic competitiveness: Japan's iron and steel industry is highly competitive in terms of production costs. To remain competitive, the industry has to import raw materials from countries with lower production costs.
Conclusion:
Japan's iron and steel industry is almost fully dependent on imported raw materials due to its limited natural resources, environmental concerns, and economic competitiveness. This dependence exposes the industry to fluctuations in global commodity prices and supply chain disruptions.
The iron and steel industry requires raw materials such as iron ore, coal, and limestone to produce steel. The countries that are self-sufficient in these raw materials have an advantage over those that have to import them. Japan, however, is almost fully dependent on imported raw materials for its iron and steel industry. This is because of the following reasons:
Geographical limitations: Japan is an island nation with limited natural resources. It does not have significant deposits of iron ore, coal, or limestone. As a result, it has to import these raw materials from other countries.
Environmental concerns: Japan has stringent environmental regulations that limit mining activities. This has led to a decline in domestic production of raw materials.
Economic competitiveness: Japan's iron and steel industry is highly competitive in terms of production costs. To remain competitive, the industry has to import raw materials from countries with lower production costs.
Conclusion:
Japan's iron and steel industry is almost fully dependent on imported raw materials due to its limited natural resources, environmental concerns, and economic competitiveness. This dependence exposes the industry to fluctuations in global commodity prices and supply chain disruptions.
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The iron and steel industries of which of the following countries are...
Japan
The iron and Steel industries of "Japan" almost fully dependent on imported raw materials.
The iron and Steel industries of "Japan" almost fully dependent on imported raw materials.
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The iron and steel industries of which of the following countries are almost fully dependent on imported raw materials?a)Britainb)Japanc)Polandd)GermanyCorrect answer is option 'B'. Can you explain this answer?
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