An international oil company said that it would end its search for oil off the coast of Namibia. The reason was that the amount of oil available was only sufficient to supply a local power station for Namibia, and not enough to make exports of oil possible. What could be one possible advantage and one disadvantage to Namibia of this decision?
- Aadvantage: a cut in taxes paid by the oil company to the Namibian government; disadvantage: the conservation of a natural resource
- Badvantage: a reduction in potential costs of pollution; disadvantage: the loss of cheaper oil
- Cadvantage: a saving in costly research paid for by the oil company; disadvantage: a loss of employment opportunities
- Dadvantage: the exhaustion of a natural resource; disadvantage: the loss of potential exports