Saudi Arabia’s economy is extremely rich in oil. Oil is a very valuable natural resource necessary to fuel industrial production.
Why would Saudi Arabia trade with a nation whose economy is based in agriculture?
A
Oil is so much more valuable than agriculture that Saudi Arabia can charge high prices.
B
Saudi Arabia might wish to encourage that nation to develop a more industrial economy.
C
That nation might agree to let Saudi Arabia benefit more from the deal so that nation can get what it needs.
D
Focusing on oil and trading with another nation for agriculture allows both nations to produce their goods more cheaply.