The Middle East Has Drawn More Attention in Recent Years

question 51

Multiple Choice

The Middle East has drawn more attention in recent years due to all of the following reasons EXCEPT:

• A) the Arab-Israeli conflict.
• B) the creation of OPEC.
• C) radical Islamic organizations like al Qaeda.
• D) Iraq's Islamic Revolution.
• E) the invasion of Kuwait.

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Definitions:

Tariff

A tax imposed on imported goods and services to increase their price and reduce competition with domestic products.

Exported

Products or services that are transported from one nation to another for the purpose of being sold or traded.

Producer Surplus

The difference between the amount producers are willing to sell a good for and the actual amount received from the sale of that good.