Here is the synopsis of our sample research paper on Economic Relationship between Saudi Arabia and South Korea. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This is a 10 page paper with discuss the economic relationship between Saudi Arabia and South Korea.
The bibliography has 8 sources.
Page Count:
10 pages (~225 words per page)
File: D0_JHEcon.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
import export market has become a major factor in the financial health of many countries. Globalization describes the many changes in separate societies and in the world economy that
results from the dramatic increase of trade and investments across borders sue to the removal of barriers and the interdependence of the various countries. Globalization refers almost entirely to
the concept of international trade. Two countries which have benefited greatly economically from globalization and international trade and investment are Saudi Arabia and South Korea. ECONOMIC FACTORS OF SAUDI ARABIA
Saudi Arabia is a fairly large country which is approximately one-fifth the size of the continental United States (Kingdom..., 2005). Because of the extremely arid conditions in much of the
country, Saudi Arabia is not densely populated in arid desert inland. In the 1930s U.S. geologists discovered oil in Saudi Arabia, but major production operations did not start until after
the Second World War (Kingdom..., 2005). Due to the demand for oil world wide, this discovery and production of oil have made rapid economic growth and development possible in the
country. Oil production began in earnest in the 1960s and gained prominence in the 1970s which created major transformations in the economy of Saudi Arabia (Kingdom..., 2005). It is
estimated that the reserves of Saudi Arabian oil are the largest in the world and the country has become the worlds leading oil producer (Kingdom..., 2005). Having the worlds largest
reserve of oil makes it completely understandable that the country is also the worlds largest exporter of oil. Ninety percent of the countrys exports is oil and accounts for nearly
75% of all governmental revenues (Kingdom..., 2005). Accounting for about one-quarter of the worlds oil reserves, Saudi Arabia is said to have proven reserves of approximately 260 billion barrels
...