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The Oil Price Shock of 1973 Was Caused by

Question 17

Multiple Choice

The oil price shock of 1973 was caused by


A) A series of earthquakes in Venezuela.
B) The overthrow of the Iranian government by terrorists.
C) The drying up of two major U.S. oil wells.
D) An embargo by the Organization of Petroleum Exporting Countries (OPEC) .

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