a the production of smartphones is inexpensive and does not have a far reaching economic impact
b the mining of rare earth elements is currently centered in China, which poses an economic risk to other countries
c the mining of rare earth elements is currently centered in the US giving the country in economic advantage in the global marketplace
d smartphone development is eliminating mining jobs in many parts of the world
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The statement that best characterizes an economic impact of smartphone development is:
b the mining of rare earth elements is currently centered in China, which poses an economic risk to other countries.
This statement highlights the reliance on a specific region for essential materials needed for smartphone production, which can pose geopolitical and economic vulnerabilities for countries dependent on these resources.
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