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How might the distribution of oil affect the development of the United Arab Emirates?


A) The abundance of oil has produced greater economic output.


B) The lack of oil has resulted in a lower standard of living.


C) Although the United Arab Emirates has oil, it has not impacted the economic development.


D) A lack of oil has little impact on the economic development of the United Arab Emirates.

Respuesta :

palebadgworthy

The correct answer is A.

The United Arab Emirates (UAE) ranks the second in the list of the most wealthy countries in the Arab World, after Saudi Arabia. Even tough the Emirates are diversifying their economy (more than other Arab oil producing countries), its income and wealth is still extremely dependent on oil revenues. UAE is a member of the OPEC. Luxurious turism is the main non-oil based source of income for the country.

Answer:

A) The abundance of oil has produced greater economic output.

Explanation:

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