The Arab League does. They have 29.71% of the world production with 87,500,000 barrels per day. Next, is Russia with 12% of the world production at 10,540,000 barrels per day.
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The Arab League is not a country. It is a collection of 21 countries. Russia (as of 2010 statistics) exports the most oil closely followed by Saudi Arabia.
Arab league at 29.71% of the world's oil. That is 87,500,000 barrels of oil a day. Next, is Russia at 12% and 10,540,000 barrels of oil a day.
Its got to do with a countries imports and exports. A country is run like a business and will want a greater number of exports than imports because the more goods leaving the country (being sold) means the more money coming in! Vice versa, the more imported goods entering the country the more money leaving. When a countries currency fluctuates so that it is weak (compared to another country) their exports will look more attractive. EG. Suppose the UKs Pound is weak against the US Dollar, therefore 1 dollar will buy more that usual so US companies buy the UKs products in vast amounts before the UK currency strengthens again. So although the UK pound is weak, their exports rise (because US is buying UK goods) and money flows in, hence, a weak currency is good for the UK. Only in the short term tho.
There are a number of products that the Caribbean exports. Some of the common exports include petroleum gas, oil, sugar, rum, bananas and so much more.
A Recession is a term used when the GDP of a nation is on a downward movement for two or more consecutive quarters GDP - Gross Domestic Product (Approximately the sum of the total industrial revenue generated in the country) This is usually measured quarterly, half yearly or annually... When the GDP of a nation has consistently declined for two or more consecutive quarters, then the country is supposed to be in a state of recession.
The main differences between national and multinational companies are: Multinational companies do foreign investment; in contrast, national companies do not. Moreover, multinational companies can control the production in more than one region or country, but the national company does not control any other country.
Specifically, if you mean wealth distribution in a certain region or country - the government of that country is the one responsible for managing and distributing the wealth of the country to its people to job creations, housing and other infrastructure and road development, education development programs, and a lot more.
Not one exports more, but a collection of 21 that belong to OPEC.
The country's net exports are positive(net exports being exports minus imports)
Nation with a high amount of exports will more likely have more income.
brazil
Saudi Arabia, i think ^_^
export
Bananas, bacons and humans.
increase in exports means that other countries are demanding goods from your coutry. hence, more money flows in.
increase in exports means that other countries are demanding goods from your coutry. hence, more money flows in.
An imbalance between imports and exports occurs. It could mean a country is unable to cover the cost of importing, until money coming in through exporting comes in.
it is important for a country to balance its exports & imports because if a country imports more than it exports it has to borrow from a international organizations like the World Bank ,and will then have to repay the loan with high interest. this means it will have less to spend on services such as schools ,hospitals ,law and order ,roads , etc
An imbalance between imports and exports occurs. It could mean a country is unable to cover the cost of importing, until money coming in through exporting comes in.