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-If the Economy in the Diagram Above Is Open to Trade

Question 95

Multiple Choice

-If the economy in the diagram above is open to trade and the world price of oil is $20 per barrel,then this economy will __________ million barrels of oil. A) import 7 B) import 9 C) import 11 D) import 18 E) export 7
-If the economy in the diagram above is open to trade and the world price of oil is $20 per barrel,then this economy will __________ million barrels of oil.


A) import 7
B) import 9
C) import 11
D) import 18
E) export 7

Correct Answer:

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