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An economy that is based on mining or producing raw materials to be used in foreign industries is called

Aan extractive economy.
Ban export economy.
Ca feudal economy.
Dan industrial economy.

Verified Answer :

An economy that is based on mining or producing raw materials to be used in foreign industries is called an "extractive economy", since it is "extracting" such resources. It can also be called a "resource-based" economy.

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