What five nations supply most of the worlds nonrenewablemineral resources How dependent

Chapter 14, Problem 4

(choose chapter or problem)

What five nations supply most of the worlds nonrenewablemineral resources? How dependent is theUnited States on other countries for important nonrenewablemineral resources? Explain the concernover U.S. access to rare earth mineral resources.Describe the conventional view of the relationshipbetween the supply of a mineral resource and itsmarket price. Explain why some economists believethis relationship no longer applies in some countries.Summarize the pros and cons of providing governmentsubsidies and tax breaks for mining companies.

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