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Under al-Bakr's rule, what happened to Iraq's economy?

  • Grew due to high international oil prices

  • Collapsed due to trade embargos

  • Declined due to increased military spending

  • Remained stagnant with no significant changes

Answer

Iraq's economy grew due to high international oil prices under al-Bakr's rule. Iraq was a major oil producer and the high oil prices allowed the government to increase spending on infrastructure and social programs. However, the economy was also vulnerable to fluctuations in the global oil market and the government's spending was often unsustainable.
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