Which of the following country has 25 percent of the world’s estimated oil reserves and the lowest cost production as well as a dominant role in OPEC pricing ?

Related Mcqs:

Biodiversity ?

A. includes genetic species ecosystem and functional diversities B. refers to diversifying earth’s nonrenewable resource C. refers to reconstruction of tropical rainforests D. refers to biological effects on commercial plantation...

The Genuine Progress indicator is ?

A. also known as index of Sustainable Economic Welfare per capita B. GDP plus resource depletion and environmental cost C. resource depletion and environmental cost divided by GDP per capita D. increasing from 1976 to 2000...

GDP would include which of the following ?

A. the value of taking a day off from work B. consulting services C. intermediate sales D. illegal drug sales E. housework...

If Pakistan’s GDP exceeds Pakistan’s GNP, then ?

A. intermediate production exceeds final production B. foreigners are producing more in the Pakistan then Pakistanis are producing in foreign countries C. real GNP exceeds nominal GNP D. real GDP exceeds nominal GDP...

In a boom ?

A. Surpluses are likely to occur: B. Prices are likely to fall C. Supply will increase immediately to match demand D. Shortages may occur...