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A Country Allows Millions of Extra Barrels of Oil into the Market

Question 82

Multiple Choice

A country allows millions of extra barrels of oil into the market to push prices downward.This squeezes smaller oil producers out of the market and expand the country's own market share.This act could be termed:


A) price fixing.
B) price discrimination.
C) predatory pricing.
D) referral selling.
E) resale price maintenance.

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