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Refer to the Information Provided in Figure 20

Question 44

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 $120 per barrel, this country will A)  import 19 million barrels. B)  import 14 million barrels. C)  export 5 million barrels. D)  export 19 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 $120 per barrel, this country will


A) import 19 million barrels.
B) import 14 million barrels.
C) export 5 million barrels.
D) export 19 million barrels.

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