What Conclusion Can Be Drawn About Global Natural Gas Reserves

question 55

Multiple Choice

What conclusion can be drawn about global natural gas reserves, based on the data below?

• A)Russian has a greater percentage of world natural gas reserves than the combined Persian Gulf countries.
• B)Most of the world's natural gas is located in North America.
• C)Collectively, most of the world's natural gas is located in the Persian Gulf countries.
• D)Qatar has a greater percentage of natural gas reserves than Iran.
• E)South America does not have any natural gas reserves.

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Definitions:

Business Cycles

Fluctuations in economic activity over time, characterized by periods of expansion (growth) and contraction (recession) in the economy.

CPFR Process

Collaborative Planning, Forecasting, and Replenishment, a process where supply chain partners share forecasts and plans to enhance supply chain efficiency.

Outbound-To-Customer

Logistic processes and activities involved in moving goods from the final storage hub to the end customer.