Question

How would the economies of Saudi Arabia and Iraq be affected if people in other

countries stopped using as much oil as they do today? (1 point)
Their economies would improve as the price of oil rose and jobs in the oil industry were
created.
Their economies would suffer as the price of oil went up and their profits went down.
Their economies would suffer as other countries bought less of the oil that Saudi Arabia and
Iraq produce.
Their economies would not be seriously affected because their economies are very diverse.

Answer 1

[AI-generated answer — Bot GPT 3.5]

Their economies would suffer as other countries bought less of the oil that Saudi Arabia and Iraq produce. Oil is a major source of revenue for both countries, so if demand were to decrease, it would have a significant impact on their economies. This could lead to a decrease in profits, job losses, and overall economic instability.