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Chad's Economy Is Dependent on Oil Reserves and Is Very

Question 71

Multiple Choice

Chad's economy is dependent on oil reserves and is very sensitive to world economic cycles, commodity prices, and fluctuations in exchange rates.Hence, one could term this economy as an example of:


A) an innovation-driven economy.
B) a factor-driven economy.
C) bootstrapping.
D) venture capitalism.
E) an efficiency-driven economy.

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