Why are oil-rich nations able to influence the world economy today?
a.
the highest consumers of oil don’t have any oil reserves in their country.
b.
the oil reserves of other countries have been completely exhausted.
c.
the highest consumers of oil in the world are also the highest producers.
d.
the highest consumers of oil in the world are not the highest producers.

D.  The highest consumers of oil in the world are not the highest producers is your best answer

Explanation:

Oil is a high-demand resource in the world of today, as many of today's technology rely heavily on gasoline. Most of these nations have little to no stock of gasoline, or their consumption is greater than their usage. This generally led to them needing to import gasoline from other nations (namely the countries in the Middle East and South America). Because of the large demand, many policies of the first-world countries revolve around the supply and demand of oil.

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D.  The highest consumers of oil in the world are not the highest producers

Explanation:

the answer is a) high entry costs

answer: look it up on quizlet thats where the answer was found

explanation: