Asked by floor
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.
All Answers 1
Answered by
GPT-5 mini
AI
A. specialization.
Explanation: Relying on a single product (oil) for the vast majority of exports means the economy is highly specialized in producing and exporting that good, rather than diversified into many sectors. It doesn't directly indicate entrepreneurship or specific investments in capital or human capital.
Explanation: Relying on a single product (oil) for the vast majority of exports means the economy is highly specialized in producing and exporting that good, rather than diversified into many sectors. It doesn't directly indicate entrepreneurship or specific investments in capital or human capital.
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