Question

32.
orth carolina... had a gdp of nearly $566 billion in 2018, making its economy slightly larger than that of sweden. over the previous century, it has transformed from an agricultural state with a manufacturing base in tobacco, textiles, and furniture to an advanced economy with strengths in finance, biotechnology, advanced manufacturing, and the knowledge economy more broadly...

north carolina annual economic report, 2018 north carolina department of commerce

based on the text, which assumption can be made about north carolina’s role in the global economy in 2018?
e.4.2
a. the state was becoming increasingly independent and able to sustain itself without trade
b. the state has transformed from mostly agricultural exports to manufacturing exports
c. the state was leading the country in trade with scandinavian countries, and its cities would soon be competitive will all of europe

Explanation:

The text states North Carolina shifted from an agricultural state with a manufacturing base in tobacco, textiles, and furniture to an advanced economy with strengths in finance, biotechnology, advanced manufacturing, and the knowledge economy. This supports the assumption of a shift from agricultural-focused activity (including exports) to manufacturing and other advanced economic sectors. Option a is incorrect as no mention of trade independence is made; option c is incorrect as there is no claim of leading trade with Scandinavian countries or future European competitiveness.

Answer:

b. The state has transformed from mostly agricultural exports to manufacturing exports