Ask Question
BusinessBusiness
29 December, 02:54

What caribbean island has a higher standard of living because of its large oil reserves and how much oil does it export?

+2
Answers (1)
  1. 29 December, 05:24
    0
    Trinidad and Tobago is one of the wealthiest countries in the Caribbean.

    Explanation:

    Dependence on the use of oil has turned the country into a revolt for global crude prices, with the collapse of its foreign debt, mass unemployment and labor protests during the 1980s and early 1990s.

    Crude Oil: Exports were registered in Dec 2018 at 20.803 Barrel / Th day. It indicates that the previous figure of 23,525 barrels / day in Dec 2017 was decreased.

    Crude oil from Trinidad and Tobago: annual export statistics, average between December 1980 and 2018 of 69,345, with 39 observations. The annual estimates are now revised.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What caribbean island has a higher standard of living because of its large oil reserves and how much oil does it export? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
An information system will cost $95,000 to implement over a one-year period and will produce no savings during that year. When the system goes online the following year, the company will save $30,000 during the first year of operation.
Answers (1)
Zemann's, a large firm selling custodial supplies to other businesses, has decided to begin offering trade credit. its major objective in granting credit is
Answers (1)
The advantage to an S corporation is a. its offering of multiple classes of stock. b. its treatment of shareholders for income taxation purposes. c. its ability to attract an unlimited number of shareholders. d.
Answers (1)
A company has a fiscal year-end of December 31: (1) on October 1, $29,000 was paid for a one-year fire insurance policy; (2) on June 30 the company advanced its chief financial officer $27,000;
Answers (1)
Students who receive a high school diploma contribute to the rate.
Answers (1)
New Questions in Business
A wealth gap is an economic difference between what
Answers (2)
Suppose that borrowing is restricted so that the zero-beta version of the CAPM holds. The expected return on the market portfolio is 14%, and on the zero-beta portfolio it is 7%. What is the expected return on a portfolio with a beta of 0.5?
Answers (1)
A company purchased $3,400 worth of merchandise. transportation costs were an additional $300. the company returned $235 worth of merchandise and then paid the invoice within the 1% cash discount period. the total cost of this merchandise is:
Answers (1)
Which of the following reduced the demand stimulus effects of the fed's low interest rate policy pursued during, and after, the financial crisis of 2008-2009? a. declining stock prices during 2010-2012. b. a reduction in the velocity of money. c.
Answers (1)
The cost to manufacture one unit of Killian Audio Products' best-selling hearing aid, the Zone, is $67.50. The CFO of the company determines that if the company expands the output of its biggest U. S.
Answers (1)
Home » Business » What caribbean island has a higher standard of living because of its large oil reserves and how much oil does it export?
Sign Up Forgot Password?