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A middle eastern country exports has found and is exporting large amount of oil to world markets. Which of the following is the best description
A middle eastern country exports has found and is exporting large amount of oil to world markets. Which of the following is the best description of the effect of oil sales on the countries economic performance? Question 10 options: a) The country will be experiencing a huge growth in GDP b) The per capita GDP must have been constantly increasing c) There is no effect of selling a resource on economic perforamce d) While exporting a natural resource will help, economic growth or economic performance is the result of many factors including human capital, physical capital and technology and is not dependent on just one product
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