Question

Which result is most likely to occur if Saudi Arabia specializes in producing oil?

Saudi Arabia will depend on other countries for many goods.

Saudi Arabia will try to develop different types of industries.

Saudi Arabia will charge its citizens more for oil.

Saudi Arabia will charge high tariffs on imported goods.

Answer 1

Saudi Arabia will develop different types of industries if they got expertise in producing oil.

What happened when Saudi Arabia exports more oil?

When Saudi Arabia produces more oil, it will be able to do more exports to other countries. This will help them to develop better opportunities in the domestic market.

The foreign markets will offer increased prices over exports of oil which will boost the economic position of the country. This economic development leads to better infrastructure and facilities to the citizens.

Therefore, the option B is appropriate that Saudi Arabia will focus on developing more industries.

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