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    International Economics Study Set 12
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    Exam 7: Trade Policies for the Developing Nations
  5. Question
    Figure 7.3. World Oil Market
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Figure 7.3. World Oil Market

Question 8

Question 8

Multiple Choice

Figure 7.3. World Oil Market Figure 7.3. World Oil Market   -Consider Figure 7.3.Under competitive conditions, the price of a barrel of oil equals A)  $7. B)  $11. C)  $12. D)  $16.
-Consider Figure 7.3.Under competitive conditions, the price of a barrel of oil equals


A) $7.
B) $11.
C) $12.
D) $16.

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