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Q. |
What would be the effects of an export subsidy on oil imposed by Russia? |
A. | Relative world supply of oil rises and relative world demand falls. |
B. | Relative world supply of oil falls and relative world demand rises. |
C. | Relative world supply of and relative world demand for oil rise. |
D. | Relative world supply of and relative world demand for oil fall. |
Answer» A. Relative world supply of oil rises and relative world demand falls. |
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