The U.S. currently imports about half of the petroleum that it uses. The rest of its needs

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The U.S. currently imports about half of the petroleum that it uses. The rest of its needs are met by domestic production. Could the price of oil rise so much that the U.S. would be made better off?

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Intermediate Microeconomics

ISBN: 978-0393934243

8th edition

Authors: Hal R. Varian

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Question Posted: Feb 25, 2019 06:38 AM

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The U.S. currently imports about half of the petroleum that it uses. The rest of its needs

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Intermediate Microeconomics

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