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A global city [a] is a city that serves as a primary node in the global economic network. The concept originates from geography and urban studies , based on the thesis that globalization has created a hierarchy of strategic geographic locations with varying degrees of influence over finance , trade , and culture worldwide. [ 1 ]
These include (1) that exports are the sole source of economic growth (investment, government spending, and household consumption are ignored); (2) that the export industry is homogeneous (i.e., that an increase or decrease of one export does not affect another); (3) the constancy of the export/service ratio; (4) that there is no inter-regional ...
Ghana's industrial base is relatively advanced. Import-substitution industries include electronics manufacturing. Rlg Communications is the first indigenous African company to assemble laptops, desktops, and mobile phones, and is West Africa's biggest information and communications technology (ICT) and mobile phone manufacturing company.
This is a list of countries by net goods exports, also known as balance of trade, which is the difference between the monetary value of a nation's exports and imports over a certain time period. [1] The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1 .
A product that is transferred or sold from a party in one country to a party in another country is an export from the originating country, and an import to the country receiving that product. Imports and exports are accounted for in a country's current account in the balance of payments. [3]
Prior to the arrival of the Portuguese, the town was originally called Anomansah ("perpetual" or "inexhaustible drink") from its position on the peninsula between the Benya lagoon and the sea. [8] It eventually was named after the Elmina Castle, which is also called "São Jorge da Mina". The word "Elmina" simply means "the mine".
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Countries of the Global North tend to be wealthier, and capable of exporting technologically advanced manufactured products, among other characteristics. In contrast, countries of the Global South tend to be poorer, and heavily dependent on their largely agrarian-based economic primary sectors.