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The Ratio of Reserves to Annual Production (R/P) Is an Indication

Question 65

Multiple Choice

The ratio of reserves to annual production (R/P) is an indication of:


A) how much oil each OPEC country is allowed to produce
B) how much energy countries are allowed to hold in reserve
C) the price/barrel as determined by the total output around the world
D) the number of years the known reserves will last
E) the effect of non-OPEC countries on total world production

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