Question
Oil accounts for over 90% of all Saudi Arabian export activity. This indicates that the Saudi Arabian economy has a high level of
A. Specialization
B. entrepreneurship.
C. investment in capital goods.
D. investment in human capital.
A. Specialization
B. entrepreneurship.
C. investment in capital goods.
D. investment in human capital.
Answers
GPT-4o mini
The statement that "Oil accounts for over 90% of all Saudi Arabian export activity" indicates that the Saudi Arabian economy has a high level of **A. Specialization**. Specialization occurs when a country focuses on a narrow range of economic activities, in this case, oil production and exports.