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aksik [14]
4 years ago
13

The discovery of a large oil deposit off a nation's shores would be what type if economic variable?

Business
2 answers:
Alexus [3.1K]4 years ago
8 0

The answer is: positive external shocks

Positive external shocks refers to unpredictable factors in economy that provide monetary benefit for us.

Several examples of positive external shocks are: Discovery of expensive natural resources (such as oil), one citizens of the country invents unpredictable groundbreaking products that drastically improve the country's GDP,  the leaders of another country decided to make contact with our country and propose a beneficial business agreement, etc.

slava [35]4 years ago
3 0
The discovery of oil off a nation's coast would be if it wasunexpected, a surprise economic variable and a very beneficial one at that as long as it happened before the present concerns about climate change and the use of fossil fuels plus concerns over oil spills in the ocean after the Gulf of Mexico major oil spill a few years ago.
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