Jeremy Asked Ahmad,an International Student from Saudi Arabia,what It Was

Multiple Choice

Jeremy asked Ahmad,an international student from Saudi Arabia,what it was like to grow up in a rich country with the largest crude oil reserves in the world.Ahmad explained that his fellow citizens were being impoverished-their per capita income was almost $30,000 in the early 1980s and was currently less than $7,000.Which of the following would explain this phenomenon?

A) diminishing economic returns
B) declining crude oil prices
C) resource curse
D) the switch to environmentally friendly energy