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Reference: Ref 15-7 (Table: Oil Output) Refer to the Table

Question 120

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Reference: Ref 15-7 (Table: Oil Output) Refer to the table. If both countries abide by the cartel agreement (i.e., not cheat) : A) each country earns $78. B) each country earns $65. C) Iraq earns $89 and Iran earns $60. D) Iraq earns $60 and Iran earns $89. Reference: Ref 15-7 (Table: Oil Output) Refer to the table. If both countries abide by the cartel agreement (i.e., not cheat) :


A) each country earns $78.
B) each country earns $65.
C) Iraq earns $89 and Iran earns $60.
D) Iraq earns $60 and Iran earns $89.

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