Question

What do the economies of Israel. Saudi Arabia, and Turkey have in common?

A) They are all dependent on oil revenue.
B) They are all members of OPEC.
C) They are all closer to the Command side of the continuum.
D) They are all mixed econoinies.

Answer 1

Israel, Saudi Arabia, and Turkey have in common a dependency on oil revenue for their economies.

Step-by-step explanation:

Israel, Saudi Arabia, and Turkey all share the commonality of being dependent on oil revenue for their economies. Oil is a major export and source of income for these countries. For example, the entire economy of Saudi Arabia is based on the export of oil, with the country being the world's number one oil exporter. Similarly, Israel and Turkey also rely on oil exports to support their economies.

Oil revenue is the primary factor that these economies have in common.