How does india sees its place in the economic space of rising natural resource rich africa?
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Explanation:
The banks are required to maintain certain ratio between their cash in hand and total assets this is called
definition 1: the careful use of money, resources, and means of production. ... definition 2: the system of how money is made and used within a particular country or region. A region's economy is connected with things like how many goods and services are produced and how much money people can spend on these things.
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It would be mutually benefitting to both the countries to have an alliance between them where there is an innumerable number of people and abundant resources. Being an underdeveloped country that is rich in natural resources and when there is a demand, it would certainly benefit India.
Explanation:
- They can work through an innumerable number of trade opportunities, cooperation and with the betterment of diplomatic relations between the countries India will benefit from this alliance.
- These diplomatic ties and trade relations can bring prosperity to both nations.
- India should utilize its strengths and its business acumen for firming trading relations with Africa.
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