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Does gold reserves of a country determine the money printing capacity of a nation?
Gold reserves are part of the economic strength which gives the cover for paper money - but not by law - this was cancelled for most countries
What are three economic activities of Qatar?
Gas sectors expanding, tapping natural gas reserves, and oil are three of the most recent economic activities in Qatar. They provide the country's wealth.
Is crude oil essential for the development process in a country?
there are countries like usa which have low reserves and hence to secure oil through military or economic power.
What are the advantages of exchange rate?
The advantages of floating exchange rates are: Flexibility and automatic adjustment, Flexibility in determining interest rates, Greater insulation from other countriesâ?? economic problems, Lower foreign exchange reserves.
Why nature reserves important?
More Nature Reserves will help animals from becoming endangered or extinct.More Nature Reserves will save trees and plants from being cut down.More Nature Reserves will help stop hunting for sport and skins and save hunted animals.
What is the difference between mineral and mineral resources?
Mineral reserves are currently economically feasible. Mineral resources are currently or potentially economically feasible. They both answer the question 'how much is left?' and they seek this answer with geologic and economic considerations. Reserves can be viewed as a subset of resources. The McKelvey Box simplifies this difference by identifying economic feasibility and geologic certainty. The box consists of (from top to bottom, then right to left) reserves, marginal reserves, and demonstrated sub economic resources. Again, reserves are economically extractable at present. Marginal reserves are reserves if economic conditions change, and demonstrated sub economic resources exhibit data to show that the reserves are actually there. On the second column of the chart lie hypothetical resources which are undiscovered, but in known mining districts. And in the last column or section, there are speculative resources which are undiscovered and geologically favorable to exploration.
The ample reserves of what substance has caused the Middle East to rise to the forefront of global politics and economic importance?
The Middle East's ample reserves of petroleum has done this.
Whose theory stated that a nations power is measured by its gold reserves?
Economic Theory
What has the author Gregory J Gould written?
Gregory J. Gould has written: 'OCS national compendium' -- subject(s): Continental shelf, Economic aspects, Economic aspects of Continental shelf, Natural gas reserves, Offshore oil industry, Petroleum reserves
Does gold reserves of a country determine the money printing capacity of a nation?
Gold reserves are part of the economic strength which gives the cover for paper money - but not by law - this was cancelled for most countries
What are three economic activities of Qatar?
Gas sectors expanding, tapping natural gas reserves, and oil are three of the most recent economic activities in Qatar. They provide the country's wealth.
Contrast a mineral resource and a mineral reserve?
I suggest resource goes further back than reserve. For example you might say uranium is a resource-we know how to use it to get energy. But it only becomes a reserve when we actually have a supply of it available, in reserve. Similarly coal is a resource, but you can only call it a reserve when you know where to go to get it, and that there are no political or logistic reasons whereby you cannot get access to it. Actually a resource is something that is valuable to mankind. A reserve is a resource that is economically and technologically viable to be mined or obtained.
What are the definition of Ore reserves and ore resources?
Ores are a non-renewable natural resources, therefore a resources of a particular ore refers to the total amount present on the earth, as for reserves this is the known deposits which are recoverable under current technogical and economic climate.
Why are zoos and nature reserves important for south africa?
The zoos and nature reserves are important for South Africa. This is the main backbone of the tourism sector which serves as an economic gain for the country.
Is crude oil essential for the development process in a country?
there are countries like usa which have low reserves and hence to secure oil through military or economic power.
What are the estimated reserves?
Not sure if this is a math/ statistics question. Reserves are assets you hold, but are not using immediately. There are oil reserves, mineral reserves (like gold reserves) and cash reserves. I think you need to rephrase the question for a proper answer.
How has the discovery of oil in southwest Asia affect the economic development of the area?
The countries with oil reserves are much richer than those countries that have not found oil in their territory.
