Oil Projection Welcome! You are encouraged to register with the site and login (for free). When you register, you support the site and your question history is saved.Last year, Energy Corp's oil sales increased suddenly in the region of lower Ossamia. The Chief Financial Officer of the company explained this increase as the result of industrialization in the developing Ossamian nation of Kokua. He predicts that, consequently, trade made possible by industrialization will grow between Kokua and its Ossamian neighbors this year, leading to further increases in Energy Corp sales in the region. Each of the following, if true, provides some support for the CFO's prediction described above EXCEPT: Although non-Ossamian countries have a military and trade presence in Ossamia, their oil sales last year in the region were not significantly above normal levels. Mines accessing Kokua's rich natural resources were put into operation for the first time last year. Each of the Ossamian countries currently have few restrictions in place on the business that can be done with its neighboring countries. One of Energy Corp's primary competitors had a tanker accident early last year that caused environmental damage in Ossamia and damaged the company's standing in the area. One of Ossamia's neighbors, a developing nation, has a growing population with a reasonable amount of disposable wealth. Review Answer