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Question 2 (25 marks) Russia is the world's 3rd oil producer, the 2nd natural gas producer and among the top 5 producers
Posted: Wed Jul 06, 2022 6:29 pm
by answerhappygod
- Question 2 25 Marks Russia Is The World S 3rd Oil Producer The 2nd Natural Gas Producer And Among The Top 5 Producers 1 (33.75 KiB) Viewed 17 times
Question 2 (25 marks) Russia is the world's 3rd oil producer, the 2nd natural gas producer and among the top 5 producers of steel, nickel and aluminum. Because of its dependence on Russian oil & natural gas, Europe appears to be the region most exposed to the consequences of this current conflict. (Henry, 2022) Discuss the economic consequences of the Russia-Ukraine conflict on a) the South African economy clearly specifying the sectors affected. b) other trading blocs e.g., EU, BRICS, etc. N.B. Use relevant examples to support your answer.