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Why is the middle east said to have a comparative advantage in producing oil?
Wiki User
∙ 10y ago
Middle East nations can produce oil less expensively
Nova Net Answer: Middle East nations can produce oil less expensively.
Breanne Mohr
Wiki User
∙ 10y agomiddle east nations can produce oil less expensively
Nova Net Answer: Middle east nations can produce oil less expensively.
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Why is the east said to have a comparative advantage in producing oil?
The east has a comparative advantage in producing oil because it has fewer labor costs. American workers in oil production are paid a premium because of the dangerous and technical nature of the field.
Why was the middle east said have a comparative advantage in producing oil?
Middle East nations can produce oil less expensivelyNova Net Answer: Middle east nations can produce oil less expensively.
What has the author Monte Palmer written?
Monte Palmer has written: 'The politics of the Middle East' -- subject(s): Middle East, Politics and government 'Survey Research in the Arab World' 'At the heart of terror' -- subject(s): History, Islam and politics, Islamic fundamentalism, War on Terrorism, 2001- 'Comparative politics' -- subject(s): Comparative economics, Comparative government, Political culture 'Thomson Advantage Books: Comparative Politics'
Where are most of the oil producing regions of the middle east located?
the persian gulf
Where is mossad?
Mossad is Israel's intelligence agency comparative to the C.I.A. There are based in Israel and their operations are mainly in the Middle East.
What body of water surrounds most oil-producing countries in the Middle East?
The Persian Gulf adjoins most of the Oil-Producing countries, but it does not surround them.
What monopoly was formed by oil-producing nations of the middle east to control the supply and price of oil?
OPEC
Whose army is more powerful turkey or israel?
Shortly, Israel .Turkey has the largest army in the middle east but in Strategy, technology, nuclear, Israel has advantage on any country in the middle east .
What international alliance of oil producing countries is dominated by countries in the Middle East?
OPEC--Organization of Petroleum Exporting Countries
What is a continent producing millions of refugees?
Syria is in civil war and millions are fleeing the country. Syria is in the Middle East/Asia.
What international organization was formed in 1960 to regulate the sale of a natural resource?
Most oil producing regions of the middle east are located around the the
What makes the middle east the middle east?
it is, obviously in the middle of the direction east.
