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Refer to the Information Provided in Figure 20

Question 89

Multiple Choice

Refer to the information provided in Figure 20.5 below to answer the question(s) that follow. Refer to the information provided in Figure 20.5 below to answer the question(s)  that follow.   Figure 20.5 -Refer to Figure 20.5. The domestic price of oil is $130 per barrel. If the world price of oil is $135 per barrel, this country will A)  import 23 million barrels. B)  import 9 million barrels. C)  export 5 million barrels. D)  export 14 million barrels. Figure 20.5
-Refer to Figure 20.5. The domestic price of oil is $130 per barrel. If the world price of oil is $135 per barrel, this country will


A) import 23 million barrels.
B) import 9 million barrels.
C) export 5 million barrels.
D) export 14 million barrels.

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