Asked by jay
Which is an example of a country that is overly dependent on another country for critical goods and services?
a country that imports all its oil
a country that imports all of its luxury goods
a country that licenses some television shows
a country that has some international businesses
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Answered by
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A country that imports all its oil.
Reason: oil is a critical good for energy, transportation, and industry; importing 100% of it creates strong dependence on other countries and vulnerability to supply shocks.
Reason: oil is a critical good for energy, transportation, and industry; importing 100% of it creates strong dependence on other countries and vulnerability to supply shocks.
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