Gulf countries have acquired more capital goods by selling oil to various countries What would be its impact on - Economics - Introduction

Question

Gulf countries have acquired more capital goods by selling oil to
various countries What would be its impact on PPC?

Gurdeep Singh Bhatia · Accepted Answer

Capital goods refer to those goods which can be used in the
production process for several years and are of high value An
increase in number of capital goods means an increase in
productivity, causing the PPC of gulf countries to shift rightwards

Gulf countries have acquired more capital goods by selling oil to various countries. What would be its impact on PPC?