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Iran's GDP is relatively low due to a combination of factors, including heavy economic sanctions imposed by the U.S. and other countries, which have restricted its ability to engage in international trade and access foreign investment. Additionally, mismanagement, corruption, and a reliance on oil exports make the economy vulnerable to fluctuations in global oil prices. Political instability and isolation further hinder economic growth and diversification, perpetuating a cycle of economic challenges.

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1y ago

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