1. the eco of war
... of oil would be deflated. Saudi Arabia and the entire Gulf region has been jolted by the events of September 11. Many countries have been reluctant to invest in the Arab countries and have curtailed their lending in regards to most investment activities in the area. The economy of the Arab nations has been ... is a very real possibility that the Iraqis will choose to blow up their own oil fields. This would have far-reaching implications for the global economy with developing countries, who are much more dependent on Gulf oil than the United States, suffering the most. The United States i...
- Word Count: 657
- Approx Pages: 3
- Grade Level: Undergraduate