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In a Trade with the Government of an Oil Producing

Question 59

Multiple Choice

In a trade with the government of an oil producing nation,a manufacturer will deliver 14 Caterpillar D9 tractors,with a value of $350,000 per tractor,and receive 45,000 barrels of oil,valued at $115 per barrel.What is the net benefit of this trade to the manufacturer?


A) $158,000
B) $275,000
C) $1,750,000
D) $4,900,000

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