How did the oil embargo affect America's standing in the world?
A) The embargo increased respect for the United States as American pressure finally broke the embargo, benefitting other Western economies.
B) The embargo led other producers of raw materials to challenge U.S. influence over the global economy.
C) The embargo ended the importance of the U.S. dollar as a global currency.
D) The embargo led to a widespread perception of declining U.S. influence.
Correct Answer:
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