Refer to the information provided in Figure 19.5 below to answer the questions that follow.
Figure 19.5
-Refer to Figure 19.5.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.
Correct Answer:
Verified
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