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6 November, 06:41

Madagascar's economy is focused on vanilla, while Saudi Arabia's economy is centered around oil. Why have these countries chosen to specialize in these particular products?

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  1. 6 November, 10:38
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    Are there any options?

    I see some aspects in common:

    both oil and vanilla are relatively expensive and the countries can be sure to sell them. There isn't much competition (there is quite a lot of competition in oil, but the Earth needs a lot of oil) and they can be sure that the prizes won't be suddenly lowered.

    Also, Saudi Arabia can barely export anything else, since it's mostly a desert.
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