Most of the Petroleum Found in the Persian Gulf Area

question 79

Short Answer

Most of the petroleum found in the Persian Gulf area formed at a ____________________ continental margin where the remains of ____________________ were buried and transformed to petroleum.

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Definitions:

Paul Krugman

An American economist and columnist known for his work on international economics, trade theory, and economic geography, as well as for being a Nobel laureate.

Dollar

The name of the official currency in several countries, including the United States, and a standard unit of currency in international markets.

Gold Supply

The total amount of gold available in the market, including mined gold, recycled gold, and central bank gold reserves.

Gold Standard

A monetary system where a country's currency has a value directly linked to gold, allowing it to be freely converted into fixed amounts of gold.