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For Many Years the U

Question 198

Multiple Choice

For many years the U.S.government imposed quotas on cheap, Middle Eastern oil imports.The U.S.consumer consequently paid $3 billion more per year for oil products.A likely rationale for such a policy is


A) people in the oil industry deserved the transfer.
B) conservation.
C) one cannot be dependent on foreign supplies of so crucial a resource.
D) American oil was of higher quality and deserved a higher price.

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