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Today, the Persian Gulf region is one of the most productive oil-producing regions in the world. Oil production has brought great wealth to the area. However, the development of the oil industry has also caused problems. In which way can oil production have a negative impact on a country's economy? It could limit a country's ability to trade. It could hold back industrialization in a country. It could damage a country's other resources. It could create a shortage of jobs for citizens.
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@kohai
It could damage a country's other resources.
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