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Refer to the Information Provided in Figure 18

Question 289

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Refer to the information provided in Figure 18.5 below to answer the questions that follow. Refer to the information provided in Figure 18.5 below to answer the questions that follow.   Figure 18.5 -Refer to Figure 18.5. The domestic price of oil is $130 per barrel. If the world price of oil is $135 per barrel, this country will A)  import 23 million barrels. B)  import 9 million barrels. C)  export 5 million barrels. D)  export 14 million barrels. Figure 18.5
-Refer to Figure 18.5. The domestic price of oil is $130 per barrel. If the world price of oil is $135 per barrel, this country will


A) import 23 million barrels.
B) import 9 million barrels.
C) export 5 million barrels.
D) export 14 million barrels.

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