Japan imports over 90% of its consumption of oil. If the price of oil increases, what can we expect would happen to Japan's aggregate supply curve and why?

Name: Japan imports over 90% of its consumption of oil. If the price of oil increases, what can we expect would happen to Japan's aggregate supply curve and why?
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The Answer of Japan imports over 90% of its consumption of oil. If the price of oil increases, what can we expect would happen to Japan's aggregate supply curve and why?

Japan Imports Over 90% of Its Consumption of Oil