(VIN)
What is the role of cotton products in our exports?

The United States was the leading exporter of cotton worldwide.

Cotton is a very political crop because of its importance in world trade and to the economies of many developing countries. In many countries, cotton exports not only are a vital contribution to foreign exchange earnings but also account for a significant proportion of GDP and tax income. Cotton is playing a major role in economic development in Africa: 37 of the 53 African countries produce cotton and 30 are exporters. Most Central Asian republics from the former Soviet Union are also very dependent on cotton exports.

"choosing is refusing" means individuals face an opportunity cost with each decision they make. economists state that every decision involves trade-offs. opportunity cost is the least desirable alternative given up as a result of a decision.