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

Question 40

Multiple Choice

  -If the economy in the diagram above is open to trade and the world price of oil is $25 per barrel,then domestic consumption will be ________ million barrels,of which ________ million barrels will be imported. A)  9;11 B)  9;14 C)  9;16 D)  16;9 E)  16;7
-If the economy in the diagram above is open to trade and the world price of oil is $25 per barrel,then domestic consumption will be ________ million barrels,of which ________ million barrels will be imported.


A) 9;11
B) 9;14
C) 9;16
D) 16;9
E) 16;7

Correct Answer:

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