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Saudi Arabia's main trading partners include the US, China, Japan, and South Korea.
What else can I help you with?
What is Saudi Arabia going to do to get food and other resources?
Thay are going to trade with other countries around them because Saudi Arabia is basically all desert, well almost. They have interdpendance with other countries.
Why is Saudi Arabia producing so much oil?
Saudi Arabia is producing a lot of oil because it has large oil reserves. Saudi Arabia has one of the largest oil reserves in the world, and producing enough oil to trade to other countries, mainly the US, is very profitable for Saudi Arabia.
Why do you trade with oil rich countries such as Saudi Arabia?
So we can get more oil for stuff like gas.
Why do nations trade globally?
Nations trade globally due to limited resources. Basically, the same reason as to why we as individuals trade our leisure hours for labor hours, so we can make money and buy our necessities. Similarly, countries trade their resources for other resources that they need. For example, Saudi Arabia has oil that China needs and China has food stuff that Saudi Arabia needs. Limited resources
The US and Saudi Arabia are partners in International Trade due to specialization. Choose the type of specialization trading taking place between the two countries?
The US and Saudi Arabia engage in comparative advantage specialization, where the US specializes in high-tech goods, machinery, and agricultural products, while Saudi Arabia focuses on oil production and exports. This trade relationship allows both countries to benefit from each other's strengths, with the US importing oil to meet its energy needs and exporting advanced technologies and services to Saudi Arabia. This specialization enhances economic efficiency and fosters mutual growth in their respective industries.
When did Saudi Arabia join to world trade organaization?
2005
When did Saudi Arabia join world trade organization?
20051970
What has the author Edmond Y Asfour written?
Edmond Y. Asfour has written: 'Saudi Arabia' -- subject(s): Produce trade, Saudi Arabia
How did Saudi Arabia affect their trade?
Land trade would become more important and lead to the caravan industry and a thriving trade base economy ~Ej1 Silvia-R
Which countries do Pakistan trade with?
As of 2004, Pakistans major trading partners include: U.S., UAE, UK, Germany, Hong Kong, Saudi Arabia, China, Japan, Kuwait
Where is the biggest seaport of saudia Arabia?
The biggest seaport in Saudi Arabia is the King Abdulaziz Seaport, located in the city of Dammam. It is a major hub for trade and cargo shipments in the region.
Do Israel and Saudi Arabia trade with each other?
No. Saudi Arabia absolutely refuses to perform any act of commerce with Israel (and used to boycott all companies that even do business with Israel, although this has been rescinded for impracticality).
