Question

How Can the Oil-Rich Help the Oil-Poor

Answer 1

The oil-rich countries can help the poor oil ones in many ways, the reality of the world has shown how some countries like Saudi Arabia and Venezuela that are oil-rich countries have helped countries like Argentina, Haiti, Peru, Bolivia, Pakistan , Jamaica, among others; the oil bonanza has helped dozens of other countries to build houses, roads, improve electrical systems,reduce deseases, improve their economy, cancel external debts, etc., oil is a resource with multiple derivatives, which they haven´t been able to be replaced in its entirety, and although it is a resource owned by the country where it is located, these, in some opportunities have benefited other poorer nations with it.