Oil is important to Iran’s economy because
_________________.
A. Oil purchases are the country's greatest expense.
B. Oil sales are a major part of the country's income.***
C. Oil spill have meant expensive environmental clean-up.
D. Oil exploration takes a large part of the country's budget.
Yes, B.
Ok thank you!
thank you!
D <3
i meant B dont listen to mine! <33
bot
Use the drop-down menu to complete the sentence.
Wahhabism is a branch of Sunni Islam that interprets Islamic scripture literally and
Choose...
rejects modern and liberal values.
The correct answer is B. Oil sales are a major part of the country's income.
To arrive at this answer, you can start by understanding the importance of oil to Iran's economy. Iran is one of the world's largest oil producers and has significant reserves of oil. As a result, oil sales have a significant impact on the country's economy.
To validate this, you can consider the following factors:
1. Iran's reliance on oil revenue: Oil sales are a crucial source of income for Iran. The revenue generated from oil exports plays a major role in funding the country's budget, public services, infrastructure development, and social welfare programs.
2. Contribution to GDP: The oil sector contributes a significant portion to Iran's Gross Domestic Product (GDP). This indicates the importance of oil sales as a key driver of economic growth and stability.
3. Export dependency: Iran heavily relies on oil exports to generate foreign exchange earnings. Oil exports provide the country with strong financial leverage and help to maintain trade balances and stability in the external sector.
Given these points, it becomes clear that oil sales are a major part of Iran's income, making option B the correct answer.