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What are the potential economic benefits of the Chancay Port Project for Peru?a) It will decrease Peru's GDP by increasing foreign dependency.b) The project is expected to generate approximately $4.5 billion annually, contributing to about 1.8% of Peru's GDP.c) The port will only facilitate local trade within Peru, having no impact on exports.d) The project will primarily benefit China, with minimal advantages for Peru.Correct answer is option 'B'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared
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What are the potential economic benefits of the Chancay Port Project for Peru?a) It will decrease Peru's GDP by increasing foreign dependency.b) The project is expected to generate approximately $4.5 billion annually, contributing to about 1.8% of Peru's GDP.c) The port will only facilitate local trade within Peru, having no impact on exports.d) The project will primarily benefit China, with minimal advantages for Peru.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for What are the potential economic benefits of the Chancay Port Project for Peru?a) It will decrease Peru's GDP by increasing foreign dependency.b) The project is expected to generate approximately $4.5 billion annually, contributing to about 1.8% of Peru's GDP.c) The port will only facilitate local trade within Peru, having no impact on exports.d) The project will primarily benefit China, with minimal advantages for Peru.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of What are the potential economic benefits of the Chancay Port Project for Peru?a) It will decrease Peru's GDP by increasing foreign dependency.b) The project is expected to generate approximately $4.5 billion annually, contributing to about 1.8% of Peru's GDP.c) The port will only facilitate local trade within Peru, having no impact on exports.d) The project will primarily benefit China, with minimal advantages for Peru.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
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