What reason did the IMF give for predicting that Gulf States would recover to 4.5 percent in 2010 after being only 0.4 percent in 2009?
A) Lower levels of inflation in the US and Europe
B) A rebound in crude oil prices and production.
C) Reduced inflation throughout the region.
D) A fall in non -oil prices in the region

Question

Quizplus · Accepted Answer

The IMF predicted that Gulf States would recover to 4.5 percent in 2010, up from only 0.4 percent in 2009, primarily due to a rebound in crude oil prices and production, which are critical components of the Gulf States' economies.

What Reason Did the IMF Give for Predicting That Gulf